Updated Dec 21, 2023
Colin Cowherd Acquires Brentwood SFR For $6.9M With Coldwell Banker Realty & Compass
321 N Saltair Ave, Brentwood, Los Angeles, CA, USA
$6,900,000
$1,027/SF
Building Size
6,713 SF
Asset Type
Single Family Residence
Closing
Mar 1, 2021
About this deal
AI
Located in Brentwood, the recently sold single-family residence at 321 N. Saltair Ave is a property of note. The transaction took place on 03/02/2021, with the buyer being Colin Cowherd, a well-known figure. The property spans across 6,713 square feet and was sold for a total price of $6,900,000, resulting in a price per square foot of $1,027. The deal was facilitated by Mary Lu Tuthill of Coldwell Banker Realty and Randy Forbes of Compass, who represented the buyer in the transaction.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,900,000
- Address: 321 N. Saltair Ave
- Market: Brentwood
The involvement of key individuals and brokerage firms played a crucial role in the successful completion of this deal. Colin Cowherd, an influential buyer, recognized the value of the property and proceeded with the purchase. Mary Lu Tuthill of Coldwell Banker Realty and Randy Forbes of Compass skillfully represented Cowherd throughout the transaction, contributing to its smooth execution.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $6.9M for 6,713 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93