Jeremi Gorman Acquires Hermosa Beach SFR For $15.8M
2805 Tennyson Pl, Hermosa Beach, CA, USA
$15,800,000
$2,471/SF
Building Size
6,392 SF
Asset Type
Single Family Residence
Closing
Feb 2, 2021
AI
A single-family residence located at 2805 Tennyson Pl. in Hermosa Beach has recently been sold for a total of $15,800,000. The property spans 6,392 square feet, resulting in a price per square foot of $2,471.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $15,800,000
- Address: 2805 Tennyson Pl.
- Market: Hermosa Beach
Jeremi Gorman served as the buyer in this transaction, while Eric Choi acted as the seller. The deal was facilitated by Courtney Lingle of The Agency and Bill Nagy of Home Smart Realty Group, representing the buyer and seller respectively.
Players
Hermosa 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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93