Ando Hacopian Acquires SFR In San Diego For $7M
8120 Artesian Rd, San Diego, CA 92127, USA
$7,000,000
$500/SF
Building Size
14,000 SF
Asset Type
Single Family Residence
Closing
Nov 4, 2020
AI
The property involved in this transaction is a single-family residence located at 8120 Artesian Rd. in San Diego. The property spans approximately 14,000 square feet and was sold for a total price of $7,000,000, resulting in a price per square foot of $500.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,000,000
- Address: 8120 Artesian Rd.
- Market: San Diego
- Buyer: Ando Hacopian
- Seller: Darryl Hronek
- Brokers: OakBrook Realty – Griffin Ruderman, Jonathan Perez
Griffin Ruderman and Jonathan Perez from OakBrook Realty represented the buyer and seller in this transaction.
Players
San Diego 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93