Updated Oct 28, 2024
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.
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
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93