Tara Lipinski Acquires Pacific Palisades SFR For $8.4M
1371 Marinette Rd, Pacific Palisades, CA, USA
$8,400,000
$1,239/SF
Building Size
6,779 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2021
AI
A single-family residence located at 1371 Marinette Rd. in Pacific Palisades was recently sold for a total of $8,400,000. The property spans 6,779 square feet, resulting in a price per square foot of $1,239. Tara Lipinski acted as the buyer in this transaction.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $8,400,000
- Address: 1371 Marinette Rd.
- Market: Pacific Palisades
Jacqueline Chernov from Compass and Elisabeth Halsted from Berkshire Hathaway HomeServices California Properties served as the brokers for this deal, representing the buyer, Tara Lipinski.
Players
Los Angeles 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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93