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8428 Allenwood Rd, Central ...

Rock Realty Group Acquires SFR In Hollywood Hills For $2.7M
SOLDSingle Family Residence

Rock Realty Group Acquires SFR In Hollywood Hills For $2.7M

8428 Allenwood Rd, Central LA, Los Angeles, CA, USA

$2,700,000

$1,131/SF

Building Size

2,386 SF

Asset Type

Single Family Residence

Closing

Jul 15, 2021

AI

The Hollywood Hills property located at 8428 Allenwood Rd. has been sold for $2,700,000. This single-family residence (SFR) spans across 2,386 square feet, resulting in a price per square foot of $1,131.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,700,000
  • Square Footage: 2,386
  • Price per Square Foot: $1,131
  • Address: 8428 Allenwood Rd.
  • Market: Hollywood Hills

The sale was facilitated by two brokers involved in the deal. Jason Reitz from Rock Realty Group represented one party, while Brian Rapf from Pritchett-Rapf Realtors represented the other.

Players

Jason Reitz

Rock Realty Group

Broker

$5.4M

vol

2 deals

Broker

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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93