JJ Meyers Of Westside Estate Agency Represents Buyer In Pacific Palisades Sale For $3.495M
SOLD
$3,495,000
California
See Similar DealsSingle Family Residence1,699 SF
Sold 11/26/2024
SOLD
JJ Meyers Of Westside Estate Agency Represents Buyer In Pacific Palisades Sale For $3.495M
545 North Swarthmore Avenue
See Similar DealsSingle Family Residence1,699 SF
Sold 11/26/2024
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,057
Total Square Footage:1,699 SF
Transaction Type:Sale
The property involved in this transaction is a single family home located at 545 North Swarthmore Avenue in the Pacific Palisades market. The sale price was $3,495,000, with a total square footage of 1,699, resulting in a price per square foot of $2,057.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,495,000
- Address: 545 North Swarthmore Avenue
- Market: Pacific Palisades
- Square Footage: 1,699
- Price Per Square Foot: $2,057
- Buyer's Representative: JJ Meyers - Westside Estate Agency
- Seller's Representative: David Offer - Berkshire Hathaway HomeServices California Properties
This transaction was represented by JJ Meyers from Westside Estate Agency for the buyer and David Offer from Berkshire Hathaway HomeServices California Properties for the seller, highlighting the collaboration between these two agencies in facilitating the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,400.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,416.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,568.08
Annual Debt Service$198,817.00
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