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Alan McConnell & Caroline Schafer Acquire SFR In Bird Streets For $8M

Property Image
SOLD
$8,000,000

California

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Single Family Residence6,453 SF
Sold 07/26/2021
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Property Image
SOLD

Alan McConnell & Caroline Schafer Acquire SFR In Bird Streets For $8M

9141 Thrasher Avenue

See Similar Deals
Single Family Residence6,453 SF
Sold 07/26/2021
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,239
Total Square Footage:6,453 SF
Transaction Type:Sale

Located in the Bird Streets neighborhood, the recently sold property at 9141 Thrasher Ave is a single-family residence with a total area of 6,453 square feet. The transaction took place on July 26, 2021, and the property was sold for a price of $8,000,000, resulting in a price per square foot of $1,239. The buyers, Alan McConnell and Caroline Schafer, acquired the property from John Dawson and Barbara Dawson. The sale was facilitated by The Agency.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $8,000,000
  • Market: Bird Streets
  • Buyer: Alan McConnell & Caroline Schafer
  • Seller: John Dawson & Barbara Dawson
  • Broker: The Agency
  • Address: 9141 Thrasher Ave
  • Square Footage: 6,453
  • Price per Square Foot: $1,239

This transaction involved Alan McConnell and Caroline Schafer as the buyers of the property, while the sellers were John Dawson and Barbara Dawson. The deal was carried out with the assistance of The Agency, acting as the broker in the transaction.

Players

Ben Belack
5 deals$46M volume
BROKER

Details

SOLD
IMAGE: Ben Belack DATE: 07/26/2021 ADDRESS: 9141 Thrasher Ave. MARKET: Bird Streets ASSET TYPE: SFR BUYER: Alan McConnell & Caroline Schafer SELLER: John Dawson & Barbara Dawson BROKER: (@BenBelack) - The Agency SALE PRICE: $8,000,000 SF: 6,453 ~ PPSF: $1,239

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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5.33%

Cash Flow (Annual)-$28,422.30
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