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Silver Lake, Los Angeles, C...

Finn Wittrock Acquires Silver Lake SFR For $1.8M
SOLDSingle Family Residence

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

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.

Players

Brian Fitzburgh

Broker

$3.1M

vol

2 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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93