Birdsong Central LLC Acquires Pacific Palisades Single Family For $24.5M
14180 Rustic Creek Lane, Pacific Palisades, California 90272, United States
$24,500,000
$8,166,666/SF
Building Size
3 SF
Asset Type
Single Family Residence
Closing
Apr 17, 2023
AI
A single-family home located at 14180 Rustic Lane in Pacific Palisades has been sold for $24,500,000. The property spans 3,600 square feet, resulting in a price per square foot of $6,805. The transaction took place on January 24, 2023.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $24,500,000
- Address: 14180 Rustic Lane
- Market: Pacific Palisades
The buyer, Birdsong Central LLC, acquired the property from the seller, Rita DeLeone. Representing the buyer were Barbara Adler from Coldwell Banker Realty and Holly Messer from eXp Realty. The seller was represented by Tracy Tutor from Douglas Elliman and Santiago Arana from The Agency.
Players
Pacific Palisades 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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93