Benchmark Capital Acquires SFR In Beverly Grove For $3.56M
SOLD
$3,565,000
California
See Similar DealsSingle Family Residence4,386 SF
Sold 09/17/2021
SOLD
Benchmark Capital Acquires SFR In Beverly Grove For $3.56M
607 North Curson Avenue, Los Angeles, CA, USA
See Similar DealsSingle Family Residence4,386 SF
Sold 09/17/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$812
Total Square Footage:4,386 SF
Transaction Type:Sale
A single-family residence located at 607 N. Curson Ave. in Beverly Grove was recently sold. The property covers an area of 4,386 square feet and was sold for a price of $3,565,000, resulting in a price per square foot of $812. The transaction was completed on September 17, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,565,000
- Buyer: Benchmark Capital
- Brokers: Erika Schaefer - Douglas Elliman, Lee Mintz - Compass Sellers
- Market: Beverly Grove
Erika Schaefer from Douglas Elliman and Lee Mintz from Compass Sellers played crucial roles as brokers in this transaction. They represented the buyer, Benchmark Capital, in the deal.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$190,133.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,665.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,899.92
Annual Debt Service$202,799.03
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