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Los Feliz, Los Angeles, CA,...

Mark Stoermer Acquires Los Feliz SFR For $4.7M With Compass Brokers Tori Barnao, Gersh Gershunoff, Boni Bryant & Joe Reichling
SOLDSingle Family Residence

Mark Stoermer Acquires Los Feliz SFR For $4.7M With Compass Brokers Tori Barnao, Gersh Gershunoff, Boni Bryant & Joe Reichling

Los Feliz, Los Angeles, CA, USA

$4,700,000

$932/SF

Building Size

5,040 SF

Asset Type

Single Family Residence

Closing

Sep 17, 2021

AI

Mark Stoermer has purchased a single-family residence in Los Feliz. The property, which spans 5,040 square feet, was sold for $4,700,000, resulting in a price per square foot of $932. The transaction took place on September 17, 2021. The property is situated on 0.37 acres.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $4,700,000
  • Square Footage: 5,040
  • Price per Square Foot: $932
  • Market: Los Feliz
  • Acres: 0.37

The buyer responsible for this transaction is Mark Stoermer. The deal was facilitated by Tori Barnao, Gersh Gershunoff, Boni Bryant, and Joe Reichling of Compass, who acted as the buyer's representatives in the transaction.

Players

Joe Reichling

Compass

Broker

$19.9M

vol

5 deals

Broker

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

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93