Don Rufus Hankey Sells Single Family Home In Pacific Palisades For $5.145M With Myles Lewis As Seller's Representative
SOLD
$5,145,000
California
See Similar DealsSingle Family Residence3,753 SF
Sold 10/24/2024
SOLD
Don Rufus Hankey Sells Single Family Home In Pacific Palisades For $5.145M With Myles Lewis As Seller's Representative
Single Family Residence3,753 SF
Sold 10/24/2024
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,370
Total Square Footage:3,753 SF
Transaction Type:Sale
The asset involved in this transaction is a single-family home located at 1124 Las Pulgas Road in the Pacific Palisades market. The property sold for $5,145,000 and has a total square footage of 3,753, resulting in a price per square foot of $1,370.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,145,000
- Address: 1124 Las Pulgas Road
- Market: Pacific Palisades
- Seller: Don Rufus Hankey
- Seller's Representative: Myles Lewis - Compass
- Square Footage: 3,753
- Price Per Square Foot: $1,370
Don Rufus Hankey was the seller in this transaction, while Myles Lewis of Compass represented him throughout the deal, facilitating the sale of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$274,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,279.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,389.92
Annual Debt Service$292,679.10
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