Peter Yang Acquires SFR In Los Angeles For $4.75M
812 North Ogden Drive
$4,750,000
$884/SF
Building Size
5,368 SF
Asset Type
Single Family Residence
Closing
Sep 20, 2022
AI
A single-family home located at 812 N Ogden Drive in Los Angeles, CA, has been sold in a recent transaction. The property, spanning 5,368 square feet, was listed for sale in the market. The sale price for the property was $4,750,000, resulting in a price per square foot of $885.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $4,750,000
- Address: 812 N Ogden Drive, Los Angeles, CA
- Market: Los Angeles, CA
The buyer of the property is Peter Yang, while the seller is Zak Hammond. Martin Mania, from Agencyone Inc, represented the buyer in the transaction, and Brian Lane, from Madison Residential Realty, Inc, acted as the seller's representative. As the broker, Brian Lane successfully sold the home for $55,000 over the asking price in less than 10 days on the market.
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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93