facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

3803 Marcus Ave Newport Bea...

William Upshall Acquires SFR In Newport Beach For $2.5M
SOLDSingle Family Residence

William Upshall Acquires SFR In Newport Beach For $2.5M

3803 Marcus Ave Newport Beach, CA 92663, USA

$2,500,000

$839/SF

Building Size

2,978 SF

Asset Type

Single Family Residence

Closing

Mar 27, 2017

AI

The sale of a single-family residence in Newport Beach has been completed. The property, located at 3803 Marcus Avenue, was sold for a total price of $2,500,000. The residence spans across 2,978 square feet, resulting in a price per square foot of $839.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,500,000
  • Address: 3803 Marcus Avenue, Newport Beach
  • Square Footage: 2,978
  • Price Per Square Foot: $839

William Upshall acted as the buyer in this transaction, while Brenda Abshear served as the seller. Trista Bouchard, from Realty CO-OP, represented the buyer, and Brendan Brown, from Westside Estate Agency, represented the seller.

Players

Brendan Brown

Plus Real Estate

Broker

$16.8M

vol

5 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93