Compass Brokers Close On $17.25M Single Family Home In Los Angeles
SOLD
California
See Similar DealsSingle Family10,087 SF
Sold 04/08/2024
SOLD
Compass Brokers Close On $17.25M Single Family Home In Los Angeles
1871 North Stanley Avenue
See Similar DealsSingle Family10,087 SF
Sold 04/08/2024
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,710
Total Square Footage:10,087 SF
Transaction Type:Sale
The property located at 1871 North Stanley Avenue in Los Angeles was sold for $17,250,000. This single-family home spans 10,087 square feet, resulting in a price per square foot of $1,710.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,250,000
- Market: Los Angeles
- Brokers: Brandon Smith, F. Ron Smith & David Berg - Compass
The deal involved Brandon Smith, F. Ron Smith, and David Berg from Compass, who represented the parties in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$919,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$61,285.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$81,773.80
Annual Debt Service$981,285.61
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