Ramtin Ray Nosrati Sells SFR In Pacific Palisades For $14M
1407 Chautauqua Blvd, Pacific Palisades, CA, USA
$14,000,000
$1,027/SF
Building Size
13,620 SF
Asset Type
Single Family Residence
Closing
Mar 16, 2021
AI
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
Los Angeles 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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93