Chai Street Acquires SFR In North Of Montana For $5.6M
533 West 18th Street, San Pedro, CA 90731, USA
$5,600,000
$1,078/SF
Building Size
5,194 SF
Asset Type
Single Family Residence
Closing
Aug 3, 2020
AI
Located in the desirable North of Montana neighborhood, this single-family residential property at 533 18th Street recently changed hands in a closed transaction. The property boasts a total area of 5,194 square feet, providing plenty of space for its new owners. The sale price for this charming home was reported to be $5,600,000, resulting in a price per square foot of $1,078. Tyler Convery of UpFront Real Estate represented both the seller, Andre Bossier, and the buyer, Chai Street, with Adam Rubin leading the purchase for Chai Street.
Summary of transaction details:
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $5,600,000
- Address: 533 18th Street
- Market: North of Montana
- Square Footage: 5,194
- Price Per Square Foot: $1,078
- Buyer: Chai Street - Adam Rubin
- Seller: Andre Bossier
- Broker: Tyler Convery - UpFront Real Estate
The deal was facilitated by Tyler Convery from UpFront Real Estate, who acted as the broker for both parties. With its prime location and spacious layout, this SFR property on 18th Street presented an attractive investment opportunity for the buyer, Chai Street, led by Adam Rubin. Congratulations to all parties involved in this successful transaction.
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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93