The Goldfinger Group Acquires Single Family Property In Cypress Park For $650K
SOLD
$650,000
California
See Similar DealsSingle Family Residence2,188 SF
Sold 04/24/2019
SOLD
The Goldfinger Group Acquires Single Family Property In Cypress Park For $650K
2630 Arvia Street, Cypress Park, Los Angeles, CA, USA
See Similar DealsSingle Family Residence2,188 SF
Sold 04/24/2019
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$297
Total Square Footage:2,188 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$34,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,309.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,081.33
Annual Debt Service$36,975.98
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