Weston James Group Acquires SFR On Franklin Avenue For $2.55M
8445 Franklin Avenue, Los Angeles, CA, USA
$2,550,000
$665/SF
Building Size
3,831 SF
Asset Type
Single Family Residence
Closing
Dec 26, 2020
AI
A single-family residential property located at 8445 Franklin Avenue in Los Angeles was recently sold for $2,550,000. The property spans 3,831 square feet, resulting in a price per square foot of $665.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $2,550,000
- Address: 8445 Franklin Avenue, Los Angeles
- Market: Los Angeles
- Asset Type: Single-Family Residential
The transaction was facilitated by brokers Weston Littlefield from the Weston James Group and Raul Sanchez Jr. from the Aaron Kirman Group. Representing the buyer and seller respectively, their expertise contributed to the successful completion of the deal.
Players
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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93