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Ramtin Ray Nosrati Sells SFR In Pacific Palisades For $14M

Property Image
SOLD
$14,000,000
Yoori Park
Benjamin (Ben) Bacal
Shauna Walters
+ 2

California

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Single Family Residence13,620 SF
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Property Image
SOLD

Ramtin Ray Nosrati Sells SFR In Pacific Palisades For $14M

1407 Chautauqua Blvd, Pacific Palisades, CA, USA

See Similar Deals
Single Family Residence13,620 SF
Sold
Yoori Park
Benjamin (Ben) Bacal
Shauna Walters
+ 2
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1027
Total Square Footage:13620 SF
Transaction Type:Sale

An SFR located at 1407 Chautauqua Blvd. in Pacific Palisades was recently sold for $14,000,000. The property was listed for the same asking price and the sale was closed on 03/17/2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $14,000,000
  • Address: 1407 Chautauqua Blvd.
  • Market: Pacific Palisades

The seller of the property was Ramtin Ray Nosrati. The seller was represented by Sally Forster Jones and Shauna Walters. The buyer was represented by Ben Bacal and Yoori Park.

Players

Sally Forster Jones
Compass
Sally Forster Jones
32 deals$556.6M volume
BROKER
Shauna Walters
The Beverly Hills Estates
Shauna Walters
10 deals$211.5M volume
BROKER
Benjamin (Ben) Bacal
Revel Real Estate
Benjamin Bacal
7 deals$271.2M volume
BROKER
Yoori Park
Carolwood Estates
Yoori Park
1 deal$14M volume(424) 245-0723
BROKER
RN
Ramtin Ray Nosrati
5 deals$126.4M volume
SELLER

Details

SOLD
IMAGE: Ramtin Ray Nosrati @Ramtin_Ray_Nosrati, Sally Forster Jones @Sally.Forster.Jones & Shauna Walters @ShaunaSellsHomes DATE: 03/17/2021 ADDRESS: 1407 Chautauqua Blvd. MARKET: Pacific Palisades ASSET TYPE: SFR SELLER: Ramtin Ray Nosrati @Ramtin_Ray_Nosrati SELLER’S REP: Sally Forster Jones @Sally.Forster.Jones & Shauna Walters @ShaunaSellsHomes BUYER’S REP: Ben Bacal & Yoori Park ASKING PRICE: $14,000,000 SALE PRICE: $14,000,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$49,739.05
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