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548 Dryad Road, Santa Monic...

Updated Dec 20, 2023

Santa Monica Canyon Other Asset Sells For $4.95M With Broker Nicholas P. O'Malley
SOLDOther

Santa Monica Canyon Other Asset Sells For $4.95M With Broker Nicholas P. O'Malley

548 Dryad Road, Santa Monica, CA 90402, USA

$4,950,000

$1,652/SF

Building Size

2,996 SF

Asset Type

Other

Closing

Aug 20, 2019

About this deal

AI

A property transaction has taken place at 548 Dryad Rd in Santa Monica Canyon. The property, classified as "Other," was sold for a total of $4,950,000. It spans a total area of 2,996 square feet, resulting in a price per square foot of $1,652.20.

Summary of transaction details:

  • Property Type: Other
  • Transaction Amount: $4,950,000
  • Square Footage: 2,996
  • Price per Square Foot: $1,652.20
  • Address: 548 Dryad Rd, Santa Monica Canyon

Nicholas P. O'Malley of an undisclosed agency represented the parties involved in this transaction.

Players

Nicholas O'Malley

Coldwell Banker

Broker

$5M

vol

1 deal

Broker

Santa Monica Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.7K per square foot on a published $5M for 2,996 square feet (2019).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.20%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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