Ramtin Ray Nosrati Sells Single Family Home In Los Angeles For $11.6M With Seller's Rep Nicole Plaxen & Shauna Walters
SOLD
$11,600,000
California
See Similar DealsSingle Family
Sold 02/13/2024
SOLD
Ramtin Ray Nosrati Sells Single Family Home In Los Angeles For $11.6M With Seller's Rep Nicole Plaxen & Shauna Walters
924 Linda Flora Drive
See Similar DealsSingle Family
Sold 02/13/2024
Summary
CALIFORNIA
Asset Type:Single Family
Transaction Type:Sale
A single-family property located at 924 Linda Flora Drive in Los Angeles has been sold in a recent transaction. The property, overseen by the seller Ramtin Ray Nosrati, was listed for sale at an asking price of $11,600,000. The sale was completed at the same price of $11,600,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,600,000
- Address: 924 Linda Flora Drive
- Market: Los Angeles
Nicole Plaxen and Shauna Walters from The Beverly Hills Estates represented Ramtin Ray Nosrati as the seller's representatives in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$618,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,212.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,989.92
Annual Debt Service$659,879.02
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