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220 8th Street, Manhattan B...

Keyes Real Estate Sells SFR In Manhattan Beach For $9.2M With Brad Keyes
SOLDSingle Family Residence

Keyes Real Estate Sells SFR In Manhattan Beach For $9.2M With Brad Keyes

220 8th Street, Manhattan Beach, CA, USA

$9,200,000

$2,193/SF

Building Size

4,195 SF

Asset Type

Single Family Residence

Closing

Jul 2, 2020

AI

A single-family residence located at 220 8th Street in Manhattan Beach has recently been sold. The property, with a total square footage of 4,195, was listed for sale by Brad Keyes from Keyes Real Estate. The asking price for this SFR was set at $10,000,000, but it was sold for $9,200,000, resulting in a price per square foot of $2,193.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $9,200,000
  • Address: 220 8th Street, Manhattan Beach
  • Market: Manhattan Beach
  • Broker: Brad Keyes - Keyes Real Estate
  • Square Footage: 4,195
  • Price per Square Foot: $2,193

This sale was facilitated by Brad Keyes from Keyes Real Estate. He represented either the buyer or seller in this transaction, assisting in the successful sale of the property. The sale price of $9,200,000 showcases the demand and value of properties within the Manhattan Beach market.

Players

Brad Keyes

Keyes Real Estate

Broker

$67.8M

vol

8 deals

Broker

Manhattan Beach 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

1.72%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93