Blue Python Dev. Acquires SFR In Los Feliz For $2M From Seller Winfield Schey
2787 Glendower Avenue, Los Angeles, California 90027, United States
$2,000,000
$750/SF
Building Size
2,666 SF
Asset Type
Single Family Residence
Closing
May 2, 2022
AI
Located in Los Feliz, the SFR at 2787 Glendower Ave. has been sold in a recent transaction. The property, with a size of 2,666 square feet, was purchased by Blue Python Dev., represented by Sumit Dua, for the price of $2,000,000. The buyer's brokers were Zack Blum and Isai Munoz of Keller Williams Beverly Hills, while the seller was Winfield Schey.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,000,000
- Address: 2787 Glendower Ave.
- Market: Los Feliz
Zack Blum and Isai Munoz from Keller Williams Beverly Hills represented the buyer, Blue Python Dev., in the transaction. The deal marks a successful collaboration between the involved parties.
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93