Updated Feb 16, 2024
Finn Wittrock Acquires Silver Lake SFR For $1.8M
Silver Lake, Los Angeles, CA, USA
$1,800,000
$499/SF
Building Size
3,602 SF
Asset Type
Single Family Residence
Closing
Sep 8, 2021
About this deal
AI
Finn Wittrock has recently acquired a single-family residence (SFR) in Silver Lake. The property spans across 0.72 acres and features a total of 1,535 square feet. The transaction took place on September 8, 2021, with the property being sold for $1,800,000. This equates to a price per square foot of $1,172.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $1,800,000
- Market: Silver Lake
- Total Acres: 0.72
Finn Wittrock acted as the buyer in this transaction. The deal was facilitated by the following brokers: Brian Fitzburgh from Brokers Trust Real Estate Group, as well as Garrett McKechnie and Mia Capanna from Wish Sotheby’s International Realty.
On the Map
$1,800,000
$499/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $499 per square foot on a published $1.8M for 3,602 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93