Richard Khalifa Acquires SFR In Los Angeles For $2.45M
SOLD
California
See Similar DealsSingle Family Residence1,729 SF
Sold
SOLD
Richard Khalifa Acquires SFR In Los Angeles For $2.45M
643 North Edinburgh Avenue, Los Angeles, CA 90048
See Similar DealsSingle Family Residence1,729 SF
Sold
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1417
Total Square Footage:1729 SF
Transaction Type:Sale
Located in Los Angeles, the property at 643 N. Edinburgh Ave. was recently sold in a closed transaction. The single-family residence (SFR) spans 1,729 square feet and was sold for a price of $2,450,000, resulting in a price per square foot of $1,417.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,450,000
- Address: 643 N. Edinburgh Ave.
- Market: Los Angeles
- Buyer: Richard Khalifa
- Buyer's Representatives: Jonathan Perez, Griffin Ruderman, and Ethan Perez
The purchase of this property was facilitated by Richard Khalifa. He was represented by Jonathan Perez, Griffin Ruderman, and Ethan Perez who ensured a successful transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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