Updated Oct 28, 2024
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
About this deal
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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Deal FAQ
About $750 per square foot on a published $2M for 2,666 square feet (2022).
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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