Updated Dec 4, 2024
Stilt House From Heat Sold In Los Angeles For $1.075M
1219 Dodds Circle
$1,075,000
$533/SF
Building Size
2,016 SF
Asset Type
Single Family
Closing
Jun 14, 2024
About this deal
AI
The Single Family property located at 1219 Dodds Circle in Los Angeles has been sold for $1,075,000. This iconic Stilt House from Michael Mann's "Heat" offers 3 bedrooms, 3 bathrooms, and 2,016 square feet of living space on a 10,000 square foot lot. The property, originally listed for $1.18 million, boasts stunning views of Los Angeles and Catalina Island.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,075,000
- Square Footage: 2,016
- Price per Square Foot: $533
- Address: 1219 Dodds Circle
The sale of this property was facilitated by Joshua Smith and Sally Forster Jones of Compass, representing the seller, and Charisse Okamoto from Caliber Real Estate Group as the broker involved in the transaction.
Players
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $533 per square foot on a published $1.1M for 2,016 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93