Updated Dec 21, 2023
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
About this deal
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.
On the Map
$8,400,000
$1,239/SF
Single Family Residence
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Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $8.4M for 6,779 square feet (2021).
Visit Jacqueline Chernov to view all their deals.
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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