Lea Black Sells Los Angeles Residence For $6.6 Million With The Agency Brokers
8650 Franklin Avenue
$6,600,000
$1,620/SF
Building Size
4,073 SF
Asset Type
Single Family Residence
Closing
Dec 5, 2025
AI
The property involved in this transaction is a single-family residence located at 8650 Franklin Avenue in Los Angeles. The asset has a sale price of $6,600,000 and comprises 4,073 square feet, amounting to a price per square foot of $1,620.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,600,000
- Address: 8650 Franklin Avenue
- Market: Los Angeles
- Square Footage: 4,073
- Price Per Square Foot: $1,620
- Seller: Lea Black
- Broker Representatives: Adriana Yedidsion & Bianca Fields - The Agency
- Attorney: Ori Blumenfeld - Offit Kurman
- Mortgage Broker: Koorosh Farzad - Masihi Financial Group
This transaction highlights the roles of notable individuals such as Lea Black, the seller, and luxury real estate brokers Adriana Yedidsion and Bianca Fields, who played a pivotal role in facilitating the sale through an exclusive off-market deal. The attorneys involved include Ori Blumenfeld, representing legal interests, alongside Koorosh Farzad, who managed the mortgage aspect of the transaction.
Players
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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93