The Goldfinger Group Acquires Single Family Property In Cypress Park For $650K
2630 Arvia Street, Cypress Park, Los Angeles, CA, USA
$650,000
$297/SF
Building Size
2,188 SF
Asset Type
Single Family Residence
Closing
Apr 23, 2019
AI
The property involved in this transaction is a single-family home located at 2630 Arvia St in Cypress Park. It was sold on April 24, 2019, for a price of $650,000. The property has a total area of 2,188 square feet, with a price per square foot of $297. It consists of 4 units, with a price per unit of $162,500.
Summary of transaction details:
- Property Type: Singlefamily
- Transaction Amount: $650,000
- Square Feet: 2,188
- Price per Square Foot: $297
- Units: 4
- Price per Unit: $162,500
The buyer of this property is The Goldfinger Group represented by Chris Shahinian from Central Realty Advisors.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
24.40%
Cash-on-Cash
-6.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93