Kristina Anderson Acquires SFR In Sherman Oaks From Heller Holdings For $2.5M
4849 Stern Avenue, Sherman Oaks, California 91423, United States
$2,475,000
$951/SF
Building Size
2,600 SF
Asset Type
Single Family Residence
Closing
Apr 20, 2022
AI
A single-family residence located at 4849 Stern Ave in Sherman Oaks has been sold. The property was purchased by Kristina Anderson for a total of $2,475,000. The transaction took place on April 21, 2022. The property has a total square footage of 2,600, resulting in a price per square foot of $951.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,475,000
- Address: 4849 Stern Ave.
- Market: Sherman Oaks
In this transaction, the seller was Heller Holdings, a real estate investment and development company based in Los Angeles. Terry Heller, representing Heller Holdings, facilitated the sale. The buyer was represented by Drew Jacobson and Adam Bachenheimer from Jacobson & Bach Associates, a brokerage firm known as Californian Estates.
Heller Holdings focuses on acquiring and developing single-family residences and multifamily properties in Southern California and Arizona markets.
Players
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
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93