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410 North Martel Avenue

Updated Oct 28, 2024

Horvat Michel D Trust Sells SFR In Los Angeles For $2.025M With Encore Estates
SOLDSingle Family Residence

Horvat Michel D Trust Sells SFR In Los Angeles For $2.025M With Encore Estates

410 North Martel Avenue

$2,025,000

$1,012/SF

Building Size

2,000 SF

Asset Type

Single Family Residence

Closing

May 3, 2021

About this deal

AI

Located at 410 N Martel Ave in Los Angeles, this single-family home (SFR) was recently sold in a closed transaction. The property has a total square footage of 2,000 and was sold for a price of $2,025,000, resulting in a price per square foot of $1,012. The seller of the property was the Horvat Michel D Trust. The transaction took place on 05/03/2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,025,000
  • Address: 410 N Martel Ave
  • Market: Los Angeles
  • Square Footage: 2,000

The sale of this property was facilitated by Encore Estates, represented by Keller Williams Beverly Hills. Negar Kamara and Camyar Shoham provided the images for this transaction, as showcased on their Instagram accounts @NegarStevie and @TheCamyarShoham respectively.

Players

T
TrustSeller

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 $2M for 2,000 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.83%

Cash-on-Cash

-2.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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