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266 20th St, Santa Monica, ...

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

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

John Hathorn

Compass

Broker

$18.9M

vol

2 deals

Broker

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