facebook
Traded Co logo
Submit

John Hathorn Of Pence Hathorn Silver Acquires Santa Monica SFR For $5M

Property Image
SOLD
$5,000,000

California

See Similar Deals
Single Family Residence3,500 SF
Sold 09/29/2020
the dealplayerscompscontact
Property Image
SOLD

John Hathorn Of Pence Hathorn Silver Acquires Santa Monica SFR For $5M

266 20th St, Santa Monica, CA 90402, USA

See Similar Deals
Single Family Residence3,500 SF
Sold 09/29/2020
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,428
Total Square Footage:3,500 SF
Transaction Type:Sale

This single-family residential property located at 266 20th Street in Santa Monica has been sold for $5,000,000. Spanning across 3,500 square feet, the property commanded a price per square foot of $1,428.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,000,000
  • Square Footage: 3,500
  • Price per Square Foot: $1,428
  • Address: 266 20th Street, Santa Monica
  • Market: Santa Monica

Represented by John Hathorn from Pence Hathorn Silver at PHS Realty, the deal was successfully closed. It is worth noting that this property was previously owned by Phil Hill, who made history as the first American to achieve the highest achievements in global motorsports. Hill clinched the Formula One Championship and won the prestigious Le Mans 24 Hours race on three separate occasions.

For more details about this transaction, you can reach out to John Hathorn at [email protected].

Players

John Hathorn
2 deals$18.9M volume(310) 924-4014
BROKER

Details

SOLD
IMAGE: John Hathorn (@Westside_Closer) DATE: 09/29/2020 ADDRESS: 266 20th Street MARKET: Santa Monica ASSET TYPE: SFR BROKER: John Hathorn – Pence Hathorn Silver @PHSRealty PRICE: $5,000,000 SF: 3,500 ~ PPSF: $1,428 NOTE: Previously owned by Phil Hill, the first American to achieve the highest crowning achievements in worldwide motorsports, winning the Formula One Championship and a three-time winner of the Le Mans 24 Hours race. Contact John Hathorn for more details. [email protected]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$266,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61