Updated Sep 5, 2024
Ammann Estates Group Sells Prime Melrose Village SFR In Los Angeles For $4.1M
812 N Stanley Ave
$4,125,000
$790/SF
Building Size
5,216 SF
Asset Type
Single Family Residence
Closing
Sep 28, 2022
About this deal
AI
An SFR located at 812 N Stanley Ave in Los Angeles, CA has been sold for $4,125,000. The property spans 5,216 square feet with a price per square foot of $791. It is situated in the prime Melrose Village area and was previously occupied by a celebrity. This home stands out as one of the largest homes in the area and cannot be replicated by developers.
Summary of transation details
- Property Type: SFR
- Sale Price: $4,125,000
- Square Footage: 5,216
- Price per Square Foot: $791
- Address: 812 N Stanley Ave, Los Angeles, CA
- Market: Los Angeles, CA
The sellers of the property were Kapil Anand and Daska Anand. The sale was facilitated by the following brokers: Gigi Thoennes from Ammann Estates Group at Keller Williams Hollywood Hills, and Alexis Boris Waterman from Compass. Gigi Thoennes represented the buyers of the property, and Alexis Boris Waterman was the listing agent.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93