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1476 Amalfi Drive, Pacific ...

Logan Investments Provides $2.5M 2nd Trust Deed Loan For Pacific Palisades SFR
FINANCEDSingle Family Residence

Logan Investments Provides $2.5M 2nd Trust Deed Loan For Pacific Palisades SFR

1476 Amalfi Drive, Pacific Palisades, California 90272, United States

$2,500,000

$429/SF

Building Size

5,823 SF

Asset Type

Single Family Residence

Closing

Sep 9, 2021

AI

Located at 1476 Amalfi Drive in Pacific Palisades, this single-family home offers a spacious living area of 5,823 square feet. The property was involved in a recent closed transaction and is visually captured in an image by Ron Sentchuk.

Summary of transaction details

  • Property Type: Single-Family Home
  • Market: Pacific Palisades
  • Loan Amount: $2,500,000
  • Loan Type: 2nd Trust Deed SFR
  • Loan Terms: 2nd trust deed, 12 Months
  • Lender: Logan Investments ([email protected])
  • Landlord: Brian Cites
  • Broker: Ron Sentchuk

Distinctly, Brian Cites is the landlord of this property, and the loan amount for this transaction is $2,500,000. The loan type is a 2nd Trust Deed SFR with a term of 12 months. Ron Sentchuk, a representative from Logan Investments, acted as the broker in facilitating this deal.

Players

Ron Sentchuk

Broker

$143.7M

vol

16 deals

Broker
Logan Investments
Logan InvestmentsLender

Pacific Palisades Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93