Joshua Shoumer Of Nelson Shelton Real Estate Sells Sherman Oaks SFR For $1.5M With Doug McFarland & Ashley Fultz Of DMF Realty As Buyer's Rep
5826 Saloma Avenue
$1,500,000
$691/SF
Building Size
2,168 SF
Asset Type
Single Family Residence
Closing
Aug 5, 2022
AI
The recently closed property transaction in Sherman Oaks involved the sale of a single-family residential (SFR) home located at 5826 Saloma Ave. The property, with a total area of 2,168 square feet, was sold for a price of $1,500,000. This translates to a price per square foot (PPSF) of $691.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,500,000
- Square Footage: 2,168
- Address: 5826 Saloma Ave.
- Market: Sherman Oaks
The seller of the property was Joshua Shoumer from Nelson Shelton Real Estate. Representing the buyer was Doug McFarland and Ashley Fultz from DMF Realty.
These key individuals and real estate agencies played a crucial role in facilitating the successful transaction of the property. Their expertise and negotiation skills contributed to the completion of this deal.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93