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345 North Grenola Street

Updated Dec 4, 2024

Stavros Stefanis Acquires Single Family Home In Pacific Palisades For $5M
SOLDSingle Family Residence

Stavros Stefanis Acquires Single Family Home In Pacific Palisades For $5M

345 North Grenola Street

$4,999,000

$1,314/SF

Building Size

3,803 SF

Asset Type

Single Family Residence

Closing

Sep 1, 2023

About this deal

AI

The property at 345 North Grenola Street in Pacific Palisades has been sold in a recent transaction. The single-family home includes 3,803 square feet of living space. The sale price for this property was $4,999,000, with an asking price of $5,500,000. The price per square foot comes to $1,314.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,999,000
  • Address: 345 North Grenola Street, Pacific Palisades
  • Market: Pacific Palisades
  • Square footage: 3,803

The buyer in this transaction is Stavros Stefanis, while the seller is Richard Lynch. The deal was facilitated by Julia DeLorme from Douglas Elliman. They represented their respective parties in the transaction.

Players

Julia DeLorme

Douglas Elliman

Broker

$11.1M

vol

2 deals

Broker

Pacific Palisades Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Stavros Stefanis bought a home in Pacific Palisades for $5M in 2023. The full closing is on this page.

About $1.3K per square foot on a published $5M for 3,803 square feet (2023).

Visit Julia DeLorme to view all their deals.

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

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