Michael Wunderman Acquires Single Family Home In Los Feliz For $7.75M
SOLD
$7,750,000
National
See Similar DealsSingle Family7,400 SF
Sold
SOLD
Michael Wunderman Acquires Single Family Home In Los Feliz For $7.75M
Single Family7,400 SF
Sold
Summary
Asset Type:Single Family
Price Per Square Foot:$1047
Total Square Footage:7400 SF
Transaction Type:Sale
A single-family property in Los Feliz with an approximate area of 0.83 acres has been sold in a transaction. The property was listed for sale with an asking price of $7,750,000. The property has a total square footage of 7,400, resulting in a price per square foot of $1,047. The sale was finalized on January 18, 2023.
Summary of transaction details:
- Property Type: Single Family
- Sale Price: $7,750,000
- Square Footage: 7,400
- Price Per Square Foot: $1,047
- Market: Los Feliz
- Acres: 0.83
The buyer of the property is Michael Wunderman, while the seller is Josh Schwartz. Representing the buyer in the transaction was Jeff Yarbrough from Keller Williams Beverly Hills. On the seller's side, Rayni Williams and Branden Williams from The Beverly Hills Estates acted as the seller's representatives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$413,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,534.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,738.95
Annual Debt Service$440,867.45
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