Updated Oct 28, 2024
David Koh Acquires Santa Monica SFR For $3.2M From Seller Festa Family Trust
1114 Yale Street, Santa Monica, California 90403, United States
$3,200,000
$2,469/SF
Building Size
1,296 SF
Asset Type
Single Family Residence
Closing
Apr 18, 2022
About this deal
AI
Located at 1114 Yale St. in Santa Monica, this single-family residence (SFR) has recently changed hands in a closed transaction. The property spans 1,296 square feet and features a selling price of $3,200,000, resulting in a price per square foot (PPSF) of $2,469. The transaction took place on April 19, 2022.
Summary of Transaction Details:
- Property Type: SFR
- Sale Price: $3,200,000
- Square Footage: 1,296
- Price per Square Foot (PPSF): $2,469
- Market: Santa Monica
- Buyer: David Koh
- Seller: Festa Family Trust
- Broker: Alex Santaniello - Compass
The deal for this property was facilitated by Alex Santaniello from Compass, with representation from Carl Gambino. They played a crucial role in making the transaction possible between the buyer, David Koh, and the seller, Festa Family Trust. The involvement of these individuals and companies ensured the successful completion of the deal.
On the Map
$3,200,000
$2,469/SF
Single Family Residence
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Players
Santa Monica Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $3.2M for 1,296 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93