facebook
Traded Co logo
Submit

FK Capital Fund & Avenue 8 Real Estate Acquires Pacific Palisades SFR For $10M

Property Image
FINANCED
$6,500,000

California

See Similar Deals
Single Family Residence4,003 SF
Financed 07/06/2022
the dealplayerscompscontact
Property Image
FINANCED

FK Capital Fund & Avenue 8 Real Estate Acquires Pacific Palisades SFR For $10M

15313 Via De Las Olas, Pacific Palisades, California 90272, United States

See Similar Deals
Single Family Residence4,003 SF
Financed 07/06/2022
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,623
Total Square Footage:4,003 SF
Transaction Type:Loan

Located at 15313 Via de Las Olas in Pacific Palisades, this single-family residence (SFR) boasts a spacious 4,003 square feet. The property recently closed in a transaction with a purchase price of $10 million. The market value of this Pacific Palisades home makes it an attractive investment opportunity.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $10 million
  • Address: 15313 Via de Las Olas
  • Market: Pacific Palisades
  • Square Footage: 4,003

Representing the parties involved in this transaction were George Avants from FK Capital Fund and Darlene Hutton from Avenue 8 Real Estate. As the selling agent, Darlene Hutton can be contacted at 310-428-4861 or [email protected]. George Avants, the loan officer, can be reached at 310-210-2429 or [email protected]. With their expertise and experience, they ensured a smooth and successful acquisition.

This acquisition was financed with a loan amount of $6,500,000. The loan terms include a 5/1 interest-only structure and a 30-year term. The chosen lender for this transaction is a Super Jumbo Lender with 25 years of Mortgage Broker experience, serving clients throughout California.

Players

1 deal$6.5M volume
BROKER

Details

FINANCED
IMAGE: Darlene Hutton & George Avants DATE: 07/06/2022 ADDRESS: 15313 Via de Las Olas MARKET: Pacific Palisades ASSET TYPE: SFR ~ SF: 4,003 BROKERS: George Avants - FK Capital Fund & Darlene Hutton - Avenue 8 Real Estate LOAN AMOUNT: $6,500,000 LOAN TYPE: Acquisition LOAN TERMS: 5/1 interest only, 30 year term. NOTE FROM BROKER: Selling Agent : Darlene Hutton : 310-428-4861 [email protected] Loan Officer : George Avants : 310-210-2429 [email protected] Purchase Price : 10 Million. Super Jumbo Lender with 25 years Mortgage Broker experience serving all of California.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$6,500,000.00

Monthly NOI$43,333.33
Monthly Debt Service$41,084.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00