facebook
Traded Co logo
Submit
Daily limit: 0/10

LLC Purchases Mid-Century Home At 9211 Nightingale Drive For $21 Million With Jennifer Orio As Buyer's Representative

Property Image
SOLD
$21,000,000

California

See Similar Deals
Single Family10,914 SF
Sold 08/14/2024
the dealplayerscompscontact
Property Image
SOLD

LLC Purchases Mid-Century Home At 9211 Nightingale Drive For $21 Million With Jennifer Orio As Buyer's Representative

9211 Nightingale Drive

See Similar Deals
Single Family10,914 SF
Sold 08/14/2024
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,924
Total Square Footage:10,914 SF
Transaction Type:Sale

A Mid-Century-inspired Bird Streets home located at 9211 Nightingale Drive in the Los Angeles market has been sold for $21 million. The property spans 10,914 square feet and is situated on a 0.4-acre lot, with a price per square foot of $1,924. It features amenities such as a climate-controlled garage for eight cars, a wellness spa, and a glass atrium.

Summary of transaction details:

The transaction involved key players in the real estate field, with Jennifer Orio representing the buyer through Compass, while the seller was represented by Benjamin Bacal of Revel Real Estate and Philip Boroda of Coldwell Banker. This diverse representation showcases the collaborative efforts behind this noteworthy sale.

Players

 Benjamin (Ben) Bacal
7 deals$271.2M volume
BROKER

Philip Boroda
Coldwell Banker
3 deals$29.4M volume
BROKER

Jennifer (Jenn) Orio
Compass
1 deal$21M volume(310) 951-6413
BROKER

Details

SOLD
IMAGE: Jennifer Orio, Benjamin Bacal & Philip Boroda DATE: 08/14/2024 ADDRESS: 9211 Nightingale Drive MARKET: Los Angeles ASSET TYPE: Single Family ~ ACRES: 0.4 BUYER'S REP: Jennifer Orio (@Jenn.Orio) - Compass (@Compass) SELLER'S REP: Benjamin Bacal (@BenBacalestates) - Revel Real Estate; Philip Boroda (@PhilBoroda) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $21,000,000 SF: 10,914 ~ PPSF: $1,924 NOTE: A Mid-Century-inspired Bird Streets home at 9211 Nightingale Drive has been sold for $21 million, down from its initial $24.5 million listing. The buyer is an LLC with a Marina del Rey address, and the property features amenities such as a climate-controlled garage for eight cars, a wellness spa, and a glass atrium.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,120,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56