Shah Mohsin Acquires Laguna Beach SFR For $1.85M With Buyer's Rep Cherie Phan & Seller's Rep Brendan Brown
696 Mystic View Laguna Beach, CA 92651, USA
$1,850,000
$889/SF
Building Size
2,079 SF
Asset Type
Single Family Residence
Closing
Dec 6, 2016
AI
A single-family residence located at 696 Mystic View in Laguna Beach has been sold for $1,850,000. This property spans across 2,079 square feet and has a price per square foot of $890. The transaction involved the buyer, Shah Mohsin, and the seller, Betty J Burrus. Cherie Phan from Keller Williams represented the buyer, while Brendan Brown from Westside Estate Agency represented the seller.
Summary of transaction details
- Property Type: Single Family Residence
- Transaction Amount: $1,850,000
- Address: 696 Mystic View, Laguna Beach
- Market: Laguna Beach
- Buyer: Shah Mohsin
- Seller: Betty J Burrus
- Buyer's Representative: Cherie Phan - Keller Williams
- Seller's Representative: Brendan Brown - Westside Estate Agency
- Square Footage: 2,079
- Price per Square Foot: $890
Cherie Phan from Keller Williams and Brendan Brown from Westside Estate Agency played key roles in facilitating this real estate transaction. Their expertise and representation were instrumental in successfully finalizing the deal.
Players
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93