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912 North Kenter Avenue

Updated Sep 9, 2024

Jonah Banyan Acquires Single Family Home On Kenter Avenue In Brentwood, CA For $3.34M
SOLDSingle Family

Jonah Banyan Acquires Single Family Home On Kenter Avenue In Brentwood, CA For $3.34M

912 North Kenter Avenue

$3,342,600

$1,173/SF

Building Size

2,849 SF

Asset Type

Single Family

Closing

Aug 23, 2023

About this deal

AI

The property involved in this transaction is a single-family home located at 912 Kenter Avenue in Brentwood, CA. The property spans 2,849 square feet and was sold for a sale price of $3,342,600. The asking price for the property was $3,249,000, resulting in a final purchase price that exceeded expectations. The price per square foot for this property is $1,173.

Summary of transaction details

Trimax Realty & Loan, represented by Fred Nabati & Michael Davoodpour, played a crucial role in facilitating this transaction. With their expertise and proven track record, they were able to navigate a challenging situation involving a fierce 5-offer bidding war. Through clear and active communication with all parties, Trimax Realty ensured a smooth and seamless process, culminating in a timely closing that exceeded the client's expectations. Trimax Loan, their trusted financing arm, also secured the best possible lending option for the client, prioritizing favorable rates and ensuring the client's financial peace of mind. Trimax Realty & Loan's commitment to their clients' satisfaction and their dedication to turning real estate dreams into reality sets them apart as a reliable and trusted partner in the industry. For inquiries, contact [email protected].

Players

Fred Nabati

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker

Los Angeles Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

Jonah Banyan bought a home in Los Angeles for $3.3M in 2023. The full closing is on this page.

About $1.2K per square foot on a published $3.3M for 2,849 square feet (2023).

Visit Michael Davoodpour to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.75%

Cash-on-Cash

-1.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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