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
- Property Type: SFR
- Transaction Amount: $4,900,000
- Date: 11/08/2022
- Market: Venice, CA
- Seller: Doron Bennaiem
- Buyer's Representative: Shelton Wilder - Shelton Wilder Group - Sotheby's International Realty
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
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