Michelle Barrett & Ari Afshar Acquire SFR In Pacific Palisades For $9.55M
501 Via De La Paz
$9,550,000
$1,256/SF
Building Size
7,600 SF
Asset Type
Single Family Residence
Closing
Aug 25, 2023
AI
The property involved in this transaction is a single-family home located at 501 Via De La Paz in Pacific Palisades. The property has a total square footage of 7,600, with a price per square foot of $1,257. The sale price for this property was $9,550,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,550,000
- Address: 501 Via De La Paz
- Market: Pacific Palisades
- Seller: Lantana Dev Co Inc
- Buyer's Rep: Michelle Barrett & Ari Afshar - Voyage - Compass
The sellers of this property are Lantana Dev Co Inc. The buyer's representatives in this deal were Michelle Barrett and Ari Afshar from Voyage and Compass. With these key individuals and companies involved, the transaction was successfully completed.
Players
Market 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
1.66%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93