Updated Sep 9, 2024
Mike D. Acquires Venice SFR For $3.2M With Brokers Susan Allen, Randolph Wright, And Jasmine Comino
Venice, Los Angeles, CA, USA
$3,200,000
$1,084/SF
Building Size
2,950 SF
Asset Type
Single Family Residence
Closing
May 28, 2020
About this deal
AI
Located in the market of Venice, a Single Family Residential property was recently sold. The property, with a total square footage of 2,950, was sold at a price of $3,200,000, resulting in a price per square foot of $1,084. The transaction took place on May 28, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,200,000
- Market: Venice
Mike D. acted as both the buyer and the seller in this transaction, acquiring the SFR asset. Several brokers were involved in the deal, representing the parties involved. Susan Allen from Power Brokers International, Randolph Wright from Bulldog Realtors, and Jasmine Comino from Compass provided their expertise throughout the negotiation process.
On the Map
$3,200,000
$1,084/SF
Single Family Residence
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Players
Venice Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $3.2M for 2,950 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93