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Shekar Family Acquires SFR In Bird Streets For $5.2M

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SOLD
$5,200,000

California

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Single Family Residence3,500 SF
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SOLD

Shekar Family Acquires SFR In Bird Streets For $5.2M

9392 Flicker Way, The Bird Streets, Los Angeles, CA, USA

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Single Family Residence3,500 SF
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,485
Total Square Footage:3,500 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 9392 Flicker Way in the Bird Streets neighborhood. The property spans 3,500 square feet and was sold at a price of $5,200,000, resulting in a price per square foot of $1485.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,200,000
  • Address: 9392 Flicker Way
  • Market: Bird Streets

The buyer of the property was the Shekar Family, while the Pacaso Family served as the seller. The transaction was facilitated by Trevor Bergher of Westside Estate Agency, representing the buyers in the deal.

Players

Trevor Bergher
6 deals$36M volume
BROKER

Details

SOLD
IMAGE: Trevor Bergher DATE: 10/08/2021 ADDRESS: 9392 Flicker Way MARKET: Bird Streets ASSET TYPE: SFR BUYER: Shekar Family SELLER: Pacaso Family BROKER: Trevor Bergher (@TrevorBergher) - Westside Estate Agency (@WEAHomes) SALE PRICE: $5,200,000 SF: 3500 ~ PPSF: $1485

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
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