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Ando Hacopian Acquires SFR In San Diego For $7M

Property Image
SOLD
$7,000,000
Jonathan (Jonny) Perez
Griffin Ruderman
AH

California

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Single Family Residence14,000 SF
Sold
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Property Image
SOLD

Ando Hacopian Acquires SFR In San Diego For $7M

8120 Artesian Rd, San Diego, CA 92127, USA

See Similar Deals
Single Family Residence14,000 SF
Sold
Jonathan (Jonny) Perez
Griffin Ruderman
AH
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$500
Total Square Footage:14000 SF
Transaction Type:Sale

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

Griffin Ruderman
Douglas Elliman
Griffin Ruderman
4 deals$36M volume
BROKER
Jonathan (Jonny) Perez
Westside Estate Agency
Jonathan Perez
6 deals$49.6M volume(310) 871-3414
BROKER
AH
Ando Hacopian
3 deals$33.5M volume
BUYER

Details

SOLD
IMAGE: IMAGE: Griffin Ruderman (@GRuderman), Jonathan Perez (@JonnyPerez) ? DATE: 11/05/2020 ADDRESS: 8120 Artesian Rd. MARKET: San Diego ASSET TYPE: SFR BUYER: Ando Hacopian (@HacopianDDG) SELLER: Darryl Hronek BROKERS: OakBrook Realty – Griffin Ruderman (@GRuderman), Jonathan Perez (@JonnyPerez) SALE PRICE: $7,000,000 SF: 14,000 ~ PPSF: $500

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

$373,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$24,869.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,183.57
Annual Debt Service$398,202.85