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330 28th St, Hermosa Beach,...

Alan Dettelbach Acquires SFR In Hermosa Beach From David Sinegal
SOLDSingle Family Residence

Alan Dettelbach Acquires SFR In Hermosa Beach From David Sinegal

330 28th St, Hermosa Beach, CA, USA

$2,799,000

$1,527/SF

Building Size

1,832 SF

Asset Type

Single Family Residence

Closing

Oct 31, 2019

AI

An off-market single-family residence (SFR) located at 330 28th St in Hermosa Beach was recently sold. The property spans 1,832 square feet and was sold for a price of $2,799,000, resulting in a price per square foot of $1,527.84. The transaction took place on November 1, 2019.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $2,799,000
  • Address: 330 28th St
  • Market: Hermosa Beach

The buyer of the property was Alan Dettelbach, while the seller was David Sinegal. Representing the buyer was Allie Lutz from The Agency, as well as Courtney Lingle from The Agency South Bay. It is worth noting that the seller, David Sinegal, is the son of the former founder, CEO, and President of Costco.

Players

Allie Lutz

The Agency

Broker

$14.4M

vol

4 deals

Broker

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

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93