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8520 Ridpath Drive

Kate Cashian Purchases Single Family Home From Robert Ezevalian For $1.975M With Fred Nabati As Buyer's Rep
SOLDSingle Family Residence

Kate Cashian Purchases Single Family Home From Robert Ezevalian For $1.975M With Fred Nabati As Buyer's Rep

8520 Ridpath Drive

$1,975,000

$942/SF

Building Size

2,095 SF

Asset Type

Single Family Residence

Closing

Jun 5, 2025

AI

The property asset involved in this transaction is a single-family home located at 8520 Ridpath Drive, situated in the Los Angeles market. The sale price for the property was $1,975,000, with a total square footage of 2,095 and a price per square foot of $942.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,975,000
  • Buyer: Kate Cashian
  • Seller: Robert Ezevalian
  • Buyer's Representative: Fred Nabati & c - Trimax Realty & Loan
  • Market: Los Angeles
  • Square Footage: 2,095
  • Price per Square Foot: $942

The deal was characterized by a successful completion of a 1031 Exchange for the buyer, Kate Cashian. Fred Nabati and his firm, Trimax Realty & Loan, were instrumental in identifying qualifying replacement properties and navigating the process for the client. The collaboration with the listing broker facilitated a smooth closing, reflecting the effectiveness of the custom strategy developed to meet the client's investment goals.

Players

Fred Nabati

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker
Trimax Realty & Loan
Trimax Realty & LoanBrokerage

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

8.03%

Cash-on-Cash

-2.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93