Kevin Bright Acquires Santa Monica SFR For $3.45M With Mark Kitching - Douglas Elliman & Mallory Bright - Coldwell Banker
1337 Ashland Avenue, Santa Monica, CA, USA
$3,450,000
$1,305/SF
Building Size
2,643 SF
Asset Type
Single Family Residence
Closing
Jun 6, 2021
AI
The single-family residence located at 1337 Ashland Ave in Santa Monica has been sold in a recent transaction. The property spans 2,643 square feet and was sold for a price of $3,450,000, resulting in an average price per square foot of $1,305.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $3,450,000
- Address: 1337 Ashland Ave, Santa Monica
- Market: Santa Monica
In this transaction, the buyer of the property was Kevin Bright. The deal was facilitated by two brokers: Mark Kitching from Douglas Elliman and Mallory Bright from Coldwell Banker Residential Brokerage.
Players
Santa Monica Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93