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459 28th Avenue, Venice, Ca...

Doron Bennaiem Sells Venice SFR For $4.9M With Shelton Wilder Group REP
SOLDSingle Family Residence

Doron Bennaiem Sells Venice SFR For $4.9M With Shelton Wilder Group REP

459 28th Avenue, Venice, California 90291, United States

$4,900,000

$1,633,333/SF

Building Size

3 SF

Asset Type

Single Family Residence

Closing

Aug 11, 2022

AI

The property involved in this transaction is a Single Family Residence (SFR) located at 459 28th Ave, Venice, CA. The property has a total area of 3,850 square feet (SF) and was sold for a sale price of $4,900,000. The asking price for this property was $5,495,000, resulting in a price per square foot (PPSF) of $1,272.

Summary of transaction details

The buyer in this transaction was represented by Shelton Wilder from Shelton Wilder Group - Sotheby's International Realty. The sale of this property was closed on 11/08/2022, with a final sale price of $4,900,000.

Players

Shelton Wilder

Christie's International Real Estate

Broker

$139.8M

vol

11 deals

Broker

Doron Bennaiem

Seller

$9.8M

vol

2 deals

Seller

Venice 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

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93