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Los Feliz, Los Angeles, CA,...

Manuela & Iwan Wirth Acquire Los Feliz SFR From Topper Family For $8.75M
SOLDSingle Family

Manuela & Iwan Wirth Acquire Los Feliz SFR From Topper Family For $8.75M

Los Feliz, Los Angeles, CA, USA

$8,750,000

$1,820/SF

Building Size

4,807 SF

Asset Type

Single Family

Closing

Sep 22, 2021

AI

The recently sold property in Los Feliz, recorded on September 22, 2021, involved a Single Family Residence (SFR) situated on 0.54 acres of land. The property was sold for a total price of $8,750,000, with a size of 4,807 square feet, resulting in a price-per-square-foot (PPSF) value of $1,820. The transaction took place in the Los Feliz market.

Summary of transation details

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $8,750,000
  • Size: 4,807 square feet
  • Price-Per-Square-Foot: $1,820
  • Market: Los Feliz
  • Acres: 0.54

The property was purchased by Manuela & Iwan Wirth, while the seller was the Topper family. The deal was facilitated by the brokers Crosby Doe & Ilana Gafni of Crosby Doe Associates. These individuals played a crucial role in the successful completion of the transaction, representing the buyers and sellers respectively.

Players

Crosby Doe

Broker

$36.9M

vol

5 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

1.81%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93