Updated Sep 9, 2024
Jules Buenabenta Acquires SFR In Pacific Palisades For $4M
17719 Posetano Road, Pacific Palisades, California 90272, United States
$4,002,000
$1,526/SF
Building Size
2,622 SF
Asset Type
Single Family Residence
Closing
Jun 21, 2022
About this deal
AI
A single-family residence located at 17719 Posetano Rd. in Pacific Palisades has been sold for a price of $4,002,000. The property encompasses 2,622 square feet and sold for an average price of $1,526 per square foot.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,002,000
- Address: 17719 Posetano Rd.
- Market: Pacific Palisades
The buyer in this transaction was Jules Buenabenta, while the seller was Patrick J. King. The broker representatives involved in the deal were Shelton Wilder and Nicholas Pirzada from Sotheby's International Realty.
Players
Pacific Palisades Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $4M for 2,622 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.96%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93