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

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.