Updated Jan 23, 2025
Alicia Sedwick Purchases Multifamily Property At 853 17th St Santa Monica For $3.9M
853 17th St
$3,905,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 13, 2023
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 853 17th St in the Santa Monica market. The property was sold for $3,905,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,905,000.00
- Address: 853 17th St
- Market: Santa Monica
- Buyer: Alicia Sedwick
- Brokers: Chandler Rockwell - The Rockwell Group, Tony Azzi
Chandler Rockwell from The Rockwell Group and Tony Azzi were involved as brokers in the successful transaction representing the parties in the deal. Alicia Sedwick is identified as the buyer of the property.
Players
Santa Monica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.06%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93