John Hathorn Of Pence Hathorn Silver Acquires Santa Monica SFR For $5M
266 20th St, Santa Monica, CA 90402, USA
$5,000,000
$1,428/SF
Building Size
3,500 SF
Asset Type
Single Family Residence
Closing
Sep 28, 2020
AI
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
Santa Monica 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93