Peter Wilhelm Acquires SFR In Hermosa Beach For $5.5M
315 26th Street, Hermosa Beach, CA, USA
$5,525,000
$1,330/SF
Building Size
4,152 SF
Asset Type
Industrial
Closing
Mar 19, 2020
AI
A single-family home located at 315 26th St in Hermosa Beach was recently sold. The property spans 4,152 square feet and was sold for a price of $5,525,000, resulting in a price per square foot of $1,330.68. The sale took place on 03/20/2020.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $5,525,000
- Market: Hermosa Beach
- Address: 315 26th St
The buyer of the property is Peter Wilhelm, while the seller is CFL Trust. The transaction was facilitated by brokers Santiago Arana, Allie Lutz, and Andrej Nagy, who are associated with TheAgencyRE and TheAgencySouthbay.
Players
Hermosa Beach Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.87%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93