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8445 Franklin Avenue, Los A...

Weston James Group Acquires SFR On Franklin Avenue For $2.55M
SOLDSingle Family Residence

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

Raul Sanchez

Broker

$2.6M

vol

1 deal

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

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93