Rock Realty Group Acquires SFR In Hollywood Hills For $2.7M
SOLD
$2,700,000
California
See Similar DealsSingle Family Residence2,386 SF
Sold 07/16/2021
SOLD
Rock Realty Group Acquires SFR In Hollywood Hills For $2.7M
8428 Allenwood Rd, Central LA, Los Angeles, CA, USA
See Similar DealsSingle Family Residence2,386 SF
Sold 07/16/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,131
Total Square Footage:2,386 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53
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