facebook
Traded Co logo
Submit

Kourosh Rostami Purchases Single Family Home From Thomas Mast In Burbank For $1.75M

Property Image
SOLD
$1,750,000

California

See Similar Deals
Single Family Residence1,976 SF
Sold 06/17/2025
the dealplayerscompscontact
Property Image
SOLD

Kourosh Rostami Purchases Single Family Home From Thomas Mast In Burbank For $1.75M

721 Bel Aire Drive

See Similar Deals
Single Family Residence1,976 SF
Sold 06/17/2025
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$885
Total Square Footage:1,976 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family home located at 721 Bel Aire Drive in Burbank. The sale price for this property was $1,750,000, with a total square footage of 1,976 square feet, equating to a price per square foot of $885.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,750,000
  • Address: 721 Bel Aire Drive
  • Market: Burbank
  • Square Footage: 1,976
  • Price per Square Foot: $885
  • Buyer: Kourosh Rostami
  • Seller: Thomas Mast
  • Brokers: Ethan Donel, Daniel Hirth & Alex Reyhan - The Hirth Group

Ethan Donel and Daniel Hirth of The Hirth Group represented the buyer, Kourosh Rostami, in this transaction, which was part of his upleg. The brokers successfully negotiated a below-list price sale that included buyer credits, outperforming multiple competing offers. Their team provides guidance throughout the real estate process, addressing needs from selling a downleg to securing the appropriate upleg opportunity.

Players

Ethan Donel
25 deals$59.8M volume(310) 300-3179
BROKER

Alex Reyhan
The Hirth Group
47 deals$187M volume
BROKER

Daniel Hirth
The Hirth Group
71 deals$222.8M volume
BROKER

The Hirth Group
BROKERAGE

Details

SOLD
IMAGE: Daniel Hirth, Ethan Donel & Alex Reyhan DATE: 06/17/2025 ADDRESS: 721 Bel Aire Drive MARKET: Burbank ASSET TYPE: Single Family BUYER: Kourosh Rostami SELLER: Thomas Mast BROKERS: Ethan Donel (@EthanDonel), Daniel Hirth (@DHirth5) & Alex Reyhan (@Ry__All) - The Hirth Group (@HirthGroup) SALE PRICE: $1,750,000 SF: 1,976 ~ PPSF: $885 NOTE FROm BROKER: Ethan Donel and Daniel Hirth of The Hirth Group are proud to announce the closing of 721 N Bel Aire Drive, Burbank, CA 91501! The Hirth Group represented the buyer in this transaction as part of their upleg. The team successfully negotiated a below-list-price sale with buyer credits—outperforming multiple competing offers. While residential real estate isn’t the team’s core focus, our agents take pride in guiding clients through the entire process—from selling their downleg to securing the right upleg opportunity.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$93,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71