Estimated Net Sale Proceeds
Prepared for Christine Luu | 4307 Whitsett Ave, Studio City, CA 91604
$6,700,000 Broker Opinion of Value ★
| Transfer Charges |
| County Transfer Tax | 0.110% | ($7,370) |
| City Transfer Tax | 0.450% | ($30,150) |
| Measure ULA Transfer Tax | 4.000% | ($268,000) |
| Commissions |
| Listing Agent's Commission | 2.000% | ($134,000) |
| Buyer Agent's Commission | 2.000% | ($134,000) |
| Title & Escrow |
| Owner's Title Insurance | 0.150% | ($10,050) |
| Settlement / Closing Fee | 0.100% | ($6,700) |
| Miscellaneous | 0.050% | ($3,350) |
| Total Estimated Closing Costs |
($593,620) |
| Net Sale Price |
$6,106,380 |
| Existing Loan Payoff (verify current balance with lender) |
($2,000,000) |
| Cash Proceeds from Sale |
$4,106,380 |
Measure ULA: 4.0% applies to sales between $5.3M and $10.6M in the City of Los Angeles (effective April 1, 2023). At $6,700,000, this property falls in the 4% band — not the 5.5% rate that applies above $10.6M.
All figures are estimates only. Loan payoff based on original balance of $2,000,000 — verify current payoff amount and any prepayment penalties directly with your lender. Transfer taxes, ULA, commissions, title, and escrow fees are estimates; confirm final amounts with your escrow and title officer. This analysis does not constitute tax, legal, or financial advice.
Morgan Wetmore | Associate Investments | (818) 212-2724 | Morgan.Wetmore@marcusmillichap.com | CA 02209935
Glen Scher | Senior Managing Director | (818) 212-2808 | Glen.Scher@marcusmillichap.com | CA 01962976
Filip Niculete | Senior Managing Director | (818) 212-2748 | Filip.Niculete@marcusmillichap.com | CA 01905352