Mohamed Hadid Sells Bel Air SFR For $8.5M
901 Strada Vecchia Road, Los Angeles, CA 90077
$8,500,000
$342/SF
Building Size
24,837 SF
Asset Type
Single Family Residence
Closing
May 12, 2020
AI
Mohamed Hadid's SFR located at 901 Strada Vecchia Rd. in Bel Air was recently sold for $8,500,000. The property, owned by Mohamed Hadid, is a significant asset in the Bel Air market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,500,000
The sale of this SFR was facilitated by Mohamed Hadid as both the seller and owner of the property. The deal showcases the expertise of Mohamed Hadid in the real estate market.
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93