Updated Dec 21, 2023
Mallika Chopra Sells Santa Monica SFR For $7.1M To Michael & Judith Grunstein
Santa Monica
$7,100,000
$1,628/SF
Building Size
4,361 SF
Asset Type
—
Closing
May 13, 2022
About this deal
AI
The property involved in this transaction is a single-family home (SFR) located in Santa Monica. It sits on approximately 0.16 acres of land. The sale of this property was completed on 05/13/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,100,000
- Square Footage: 4,361
- Price Per Square Foot: $1,628
- Market: Santa Monica
The buyers in this transaction were Michael & Judith Grunstein. On the other hand, Mallika Chopra, the daughter of Deepak Chopra and an author and businesswoman, acted as the seller's representative.
Players
Santa Monica CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $7.1M for 4,361 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93