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Gideon Raff Sells Laurel Canyon SFR For $1.75M With Richard Ehrlich & Barbara Palmer

Property Image
SOLD
$1,745,000

California

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Single Family Residence2,345 SF
Sold 03/03/2021
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Property Image
SOLD

Gideon Raff Sells Laurel Canyon SFR For $1.75M With Richard Ehrlich & Barbara Palmer

8046 Woodland Ln, Los Angeles, CA 90046, USA

See Similar Deals
Single Family Residence2,345 SF
Sold 03/03/2021
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$744
Total Square Footage:2,345 SF
Transaction Type:Sale

Gideon Raff has sold his single-family residence located at 8046 Woodland Ln in Laurel Canyon. The property, measuring 2,345 square feet, was sold for a price of $1,745,000, resulting in a price per square foot of $744.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,745,000
  • Address: 8046 Woodland Ln
  • Market: Laurel Canyon
  • Square Footage: 2,345

The deal was facilitated by Richard Ehrlich from Westside Estate Agency, Barbara Palmer from Berkshire Hathaway HomeServices California Properties, and Sevan Sean Baroni from NextHome Luxe Group. They represented the seller, Gideon Raff, in the transaction.

Players

2 deals$16.5M volume
BROKER

Barbara Palmer
1 deal$1.7M volume
BROKER


Westside Estate Agency
BROKERAGE

Details

SOLD
IMAGE: Sevan Sean Baroni, Richard Ehrlich, Gideon Raff & Barbara Palmer DATE: 03/03/2021 ADDRESS: 8046 Woodland Ln. MARKET: Laurel Canyon ASSET TYPE: SFR SELLER: Gideon Raff BROKERS: Richard Ehrlich - Westside Estate Agency & Barbara Palmer - Berkshire Hathaway HomeServices California Properties; Sevan Sean Baroni - NextHome Luxe Group SALE PRICE: $1,745,000 SF: 2,345 ~ PPSF: $744

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$93,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,199.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,272.19
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