Updated Dec 21, 2023
Michael Rapaport Sells SFR In Hancock Park For $3.57M
653 North Orange Drive, Hancock Park, Los Angeles, CA, USA
$3,570,000
$850/SF
Building Size
4,200 SF
Asset Type
Single Family Residence
Closing
Apr 6, 2021
About this deal
AI
The single-family home located at 653 S. Orange Drive in Hancock Park has been sold. The property spans 4,200 square feet and was sold for a price of $3,570,000. This translates to a price per square foot of $850. The sale occurred on 04/07/2021.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,570,000
- Address: 653 S. Orange Drive
- Market: Hancock Park
The seller of the property was Michael Rapaport💦. The deal was facilitated by two brokers: Nick Collins from The Agency and Aero Malka from Coldwell Banker Realty.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $850 per square foot on a published $3.6M for 4,200 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.44%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93