facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Development Site

/

Sale

/

La Selva Beach

Mark & Barbara Beck Sell Development Site In La Selva Beach For $10.5M With Buyer's Rep DEAL Real Estate Services
SOLDDevelopment Site

Mark & Barbara Beck Sell Development Site In La Selva Beach For $10.5M With Buyer's Rep DEAL Real Estate Services

$10,500,000

$979/SF

Building Size

10,721 SF

Asset Type

Development Site

Closing

Jun 16, 2026

AI

The property involved in this transaction is a development site located in La Selva Beach, CA. The asset sold for a price of $10,500,000 and encompasses a total square footage of 10,721, resulting in a price per square foot of $979. The asset consists of one unit.

Summary of transaction details:

DEAL Real Estate Services, a boutique brokerage located in Silicon Valley, California, successfully facilitated this transaction. The team, led by Rosie Poliquin, along with Awne Elrabadi and Brie Miller, provided a high-level client experience throughout the acquisition process, ensuring that clients received exceptional support at each stage of the deal.

Players

Awne Elrabadi

DEAL Real Estate Services

Broker
Broker
Mark Becker

Mark Becker

Seller

$10.5M

vol

4 deals

Seller

Market Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93