Jerald & Sheri Wenker Sell Pacific Palisades SFR For $8.8M With Buyer's Rep Tyler Convery
1252 Corsica Drive, Pacific Palisades, CA 90272, USA
$8,775,000
$1,448/SF
Building Size
6,057 SF
Asset Type
Single Family Residence
Closing
Jun 28, 2020
AI
The property involved in this transaction is a Single Family Residence (SFR) located at 1252 Corsica Drive in Pacific Palisades. The property spans 6,057 square feet and has an asking price of $8,750,000. The sale took place on June 28, 2021, with a final sale price of $8,775,000, resulting in a price per square foot of $1,448.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $8,775,000
- Address: 1252 Corsica Drive
- Market: Pacific Palisades
In this transaction, the seller of the property was Jerald & Sheri Wenker. Representing the buyer was Tyler Convery, while the seller was represented by @Dan.Urbach from Compass.
Players
Pacific Palisades Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93