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Mohamed Hadid Sells Bel Air SFR For $8.5M

Property Image
SOLD
$8,500,000

California

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Single Family Residence24,837 SF
Sold 05/12/2020
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Property Image
SOLD

Mohamed Hadid Sells Bel Air SFR For $8.5M

901 Strada Vecchia Road, Los Angeles, CA 90077

See Similar Deals
Single Family Residence24,837 SF
Sold 05/12/2020
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$342
Total Square Footage:24,837 SF
Transaction Type:Sale

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

MH
Mohamed Hadid
2 deals$13.5M volume
SELLER

Details

SOLD
IMAGE: Mohamed Hadid DATE: 05/12/2021 ADDRESS: 901 Strada Vecchia Rd. MARKET: Bel Air ASSET TYPE: SFR SELLER: Mohamed Hadid SALE PRICE: $8,500,000

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

$453,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04