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6801 Iris Circle

Bonnie Yi Hyde & Beatriz Martinez Facilitate Sale Of Single Family Home In Los Angeles
SOLDSingle Family

Bonnie Yi Hyde & Beatriz Martinez Facilitate Sale Of Single Family Home In Los Angeles

6801 Iris Circle

$2,100,000

$750/SF

Building Size

2,800 SF

Asset Type

Single Family

Closing

Jun 24, 2024

AI

The property at 6801 Iris Circle in Los Angeles was recently sold in a closed transaction. This single-family home spans 2,800 square feet and was sold for $2,100,000, with a price per square foot of $750. The seller, Dre London, parted ways with the property to the buyer, Raymond Yang, indicating a notable deal in the Los Angeles real estate market.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,100,000
  • Address: 6801 Iris Circle
  • Market: Los Angeles
  • Buyer: Raymond Yang
  • Seller: Dre London
  • Buyer's Rep: Bonnie Yi Hyde - Compass
  • Seller's Rep: Beatriz Martinez - Rodeo Realty
  • Asking Price: $2,795,000
  • SF: 2,800
  • PPSF: $750

Noteworthy individuals involved in this transaction include Bonnie Yi Hyde from Compass, who represented the buyer, and Beatriz Martinez from Rodeo Realty, who represented the seller. Post Malone's Business Manager previously owned this iconic Hollywood Hills Mansion, which now belongs to the Chinese Celebrity Manager and CEO of a designer furniture wholesaler. The sale was facilitated by LA's Top Luxury Agent Bonnie Hyde and Beatriz Martinez, highlighting a significant exchange in the real estate market.

Players

Bonnie Yi Hyde

Compass

Broker

$4M

vol

2 deals

Broker

Los Angeles Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93