Damian Giangiacomo Sells Single Family Residence At 317 Oceano Dr Los Angeles For $7.298M
317 Oceano Dr
$7,298,000
$1,509/SF
Building Size
4,836 SF
Asset Type
Single Family Residence
Closing
Oct 23, 2023
AI
The transaction involved a single-family residence located at 317 Oceano Dr in Los Angeles. The property was sold for $7,298,000.00 and encompasses a total of 4,836 square feet.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $7,298,000.00
- Address: 317 Oceano Dr
- Market: Los Angeles
- Square Footage: 4,836
- Seller: Damian Giangiacomo
- Broker: Jordan Rubinstein - Century Park Realty
- Broker: Shelton Wilder
The deal was facilitated by Jordan Rubinstein of Century Park Realty and Shelton Wilder, representing key stakeholders in the transaction. The unique roles of the brokers contributed to the successful closure of this residential sale in a competitive market.
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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93