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Damian Giangiacomo Sells Single Family Residence At 317 Oceano Dr Los Angeles For $7.298M

Property Image
SOLD
$7,298,000

California

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Single Family Residence4,836 SF
Sold 10/23/2023
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Property Image
SOLD

Damian Giangiacomo Sells Single Family Residence At 317 Oceano Dr Los Angeles For $7.298M

317 Oceano Dr

See Similar Deals
Single Family Residence4,836 SF
Sold 10/23/2023
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,509
Total Square Footage:4,836 SF
Lot Square Footage:7526 SF
Transaction Type:Sale

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:

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

Jordan Rubinstein
27 deals$220.1M volume
BROKER

Details

SOLD
IMAGE: 10/23/2023 ADDRESS: 317 Oceano Dr MARKET: Los Angeles ASSET TYPE: Single Family Residence BROKERS: Jordan Rubinstein(Century Park Realty), Shelton WIlder() SELLER: DAMIAN GIANGIACOMO PRICE: $7,298,000.00 SF: 4836.0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$389,226.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,928.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,596.24
Annual Debt Service$415,154.92