Josh Altman, Jacob Greene, Matt Altman & Ben Bacal Sell Bird Streets SFR For $14.2M
SOLD
California
See Similar DealsSingle Family Residence8,434 SF
Sold 04/28/2021
SOLD
Josh Altman, Jacob Greene, Matt Altman & Ben Bacal Sell Bird Streets SFR For $14.2M
9200 Swallow Drive, The Bird Streets, Los Angeles, CA, USA
See Similar DealsSingle Family Residence8,434 SF
Sold 04/28/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,683
Total Square Footage:8,434 SF
Transaction Type:Sale
A single-family home located at 9200 Swallow Drive in the Bird Streets neighborhood recently sold for $14,200,000. The property spans 8,434 square feet, resulting in a price per square foot of $1,688.
Summary of transaction details
- Property Type: Single Family Home
- Transaction Amount: $14,200,000
- Address: 9200 Swallow Drive
- Market: Bird Streets
- Square Footage: 8,434
The sale was facilitated by a team of brokers, including Josh Altman from @TheJoshAltman, Jacob Greene from @TheJacobGreene, Matt Altman from @TheMattAltman, and Ben Bacal from @BenBacalEstates.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$757,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$50,449.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$67,315.24
Annual Debt Service$807,782.93
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