5633 West Cielo Way – Transaction Details
Date: May 21, 2018
Property Type: 2 Bedroom, 2.5 Bathroom, 1,394 Square Foot Single-Family Home
Purchase Price: $808,000.00
Year Built: 2014
Description: After helping our clients purchase this brand new small-lot single family home in 2015, we listed and sold this property at above-list after being on the market only two weeks, earning our clients a 16% return in about 2 years.
5633 West Cielo Way – Transaction Summary
About two years ago we assisted our clients with purchasing this exceptionally located, brand new small-lot single family home. After living in the home with custom finishes for a little over two years, our clients decided it was time to sell. In addition to being an almost brand new home, the home was equipped with top-of-the line appliances and boasted a beautiful rooftop deck with views of the Griffith Observatory. We suspected that this one would sell quickly. After just two weeks on the market and multiple offers, we opened escrow with a well-qualified buyer at above-list. The escrow process went extremely smoothly and we closed 30 days later, earning our clients a return of about 16% in just over two years. Although our clients will surely be sad to say goodbye to this home, they earned an exceptional return on investment while living in a beautiful home.
Additional information and pictures are available here.
For more information on this transaction or to discuss any other questions you may have concerning the Los Angeles real estate market, contact Esquire Real Estate Brokerage, Inc. at 213-973-9439 or firstname.lastname@example.org.