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17719 Posetano Road, Pacifi...

Jules Buenabenta Acquires SFR In Pacific Palisades For $4M
SOLDSingle Family Residence

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

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

Shelton Wilder

Christie's International Real Estate

Broker

$139.8M

vol

11 deals

Broker

Pacific Palisades Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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