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Sunset Strip SFR Sells For $3,065,000 With Nancy Gage Representing The Buyer And Kyle Dordick And Marc Noah Representing The Seller

Property Image
SOLD
$3,065,000
Nancy Gage
Kyle Dordick
Marc Noah

California

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Single Family Residence3,638 SF
Sold 05/21/2020
the dealplayerscompscontact
Property Image
SOLD

Sunset Strip SFR Sells For $3,065,000 With Nancy Gage Representing The Buyer And Kyle Dordick And Marc Noah Representing The Seller

8961 St Ives Dr, Los Angeles, CA, USA

See Similar Deals
Single Family Residence3,638 SF
Sold 05/21/2020
Nancy Gage
Kyle Dordick
Marc Noah
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$842
Total Square Footage:3,638 SF
Transaction Type:Sale

Located in Sunset Strip, the recently sold single-family residence at 8961 Saint Ives Dr. has caught the attention of real estate enthusiasts. The property, spanning 3,638 square feet, boasts an attractive price point of $3,065,000, amounting to a price per square foot of $842. The transaction took place on May 21, 2021, making it a noteworthy sale in the area.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,065,000
  • Address: 8961 Saint Ives Dr.
  • Market: Sunset Strip

Nancy Gage, a prominent real estate professional represented the buyer in this deal. She played a pivotal role in finalizing the transaction, showcasing her expertise and negotiation skills. The seller, on the other hand, was represented by Kyle Dordick and Marc Noah, both respected figures in the industry. The involvement of these seasoned professionals further underlines the significance of the sale.

Players

Kyle Dordick
Hilton & Hyland
Kyle Dordick
8 deals$49.2M volume
BROKER
Marc Noah
Hilton & Hyland
Marc Noah
9 deals$75.4M volume
BROKER
Nancy Gage
Rodeo Realty
Nancy Gage
1 deal$3.1M volume
BROKER

Details

SOLD
IMAGE: Kyle Dordick, Nancy Gage & Marc Noah DATE: 05/21/2021 ADDRESS: 8961 Saint Ives Dr. MARKET: Sunset Strip ASSET TYPE: SFR BUYER’S REP: Nancy Gage @NancyyGagee SELLER’S REP: Kyle Dordick @KyleDordick & Marc Noah @Marc_Noah SALE PRICE: $3,065,000 SF: 3,638 ~ PPSF: $842

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$163,466.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,889.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,529.66
Annual Debt Service$174,355.96