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5826 Saloma Avenue

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
SOLDSingle Family Residence

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.

Players

Douglas McFarland

DMF Realty

Broker

$5M

vol

2 deals

Broker

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