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8961 St Ives Dr, Los Angele...

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

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

$3,065,000

$842/SF

Building Size

3,638 SF

Asset Type

Single Family Residence

Closing

May 21, 2020

AI

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

Broker

$49.2M

vol

8 deals

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

5.18%

Cash-on-Cash

-1.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93