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
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