Updated Nov 17, 2023
Larry Merchant Sells Santa Monica SFR For $5.9M
Santa Monica, CA, USA
$5,900,000
$1,113/SF
Building Size
5,300 SF
Asset Type
Industrial
Closing
Sep 7, 2021
About this deal
AI
Larry Merchant has sold a single-family home in Santa Monica. The property, which spans 5,300 square feet, was sold for $5,900,000, resulting in a price per square foot of $1,113.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,900,000
This transaction was facilitated by Larry Merchant. He represented himself as the seller in the deal.
The industrial sale at Santa Monica, CA, USA in Santa Monica, California sold for $5.9M in 2021. The building is 5,300 square feet, implying about 1.1K per square foot on the published price. This page is the Santa Monica, California file for the Santa Monica, CA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Santa Monica sit in the Market section below. Filter that Santa Monica industrial set by closing date to see what else sold near Santa Monica, CA, USA around 2021. Published consideration for Santa Monica, CA, USA is $5.9M, dated 2021. Cite this Larry Merchant Sells Santa Monica SFR For $5.9M sale when underwriting similar industrial product around Santa Monica, California.
Players
Santa Monica Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
About $1.1K per square foot on a published $5.9M for 5,300 square feet (2021).
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93