LLC Purchases Mid-Century Home At 9211 Nightingale Drive For $21 Million With Jennifer Orio As Buyer's Representative
9211 Nightingale Drive
$21,000,000
$1,924/SF
Building Size
10,914 SF
Asset Type
Single Family
Closing
Aug 14, 2024
AI
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:
- Property Type: Single Family
- Transaction Amount: $21,000,000
- Address: 9211 Nightingale Drive
- Market: Los Angeles
- Acres: 0.4
- Square Footage: 10,914
- Price Per Square Foot: $1,924
- Buyer's Representative: Jennifer Orio - Compass
- Seller's Representatives: Benjamin Bacal - Revel Real Estate; Philip Boroda - Coldwell Banker
- Initial Listing Price: $24,500,000
- Buyer: An LLC with a Marina del Rey address
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
Los Angeles Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93