Mark Stoermer Acquires Los Feliz SFR For $4.7M With Compass Brokers Tori Barnao, Gersh Gershunoff, Boni Bryant & Joe Reichling
SOLD
$4,700,000
+ 1
California
See Similar DealsSingle Family Residence5,040 SF
Sold 09/17/2021
SOLD
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
See Similar DealsSingle Family Residence5,040 SF
Sold 09/17/2021
+ 1
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$932
Total Square Footage:5,040 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$250,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,698.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,280.40
Annual Debt Service$267,364.77
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