facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

561 North Mount Holyoke Avenue

Shelton Wilder Sells Pacific Palisades SFR For $6.4M, $1.6M Over Ask Price
SOLDSingle Family Residence

Shelton Wilder Sells Pacific Palisades SFR For $6.4M, $1.6M Over Ask Price

561 North Mount Holyoke Avenue

$6,400,000

$2,661/SF

Building Size

2,405 SF

Asset Type

Single Family Residence

Closing

Aug 2, 2022

AI

A single-family home situated at 561 N. Mt. Holyoke Ave. in Pacific Palisades has been sold in a recent transaction. The property was listed for sale with an asking price of $4,800,000, but it ultimately sold for $6,400,000. This indicates a sale price that was $1,600,000 over the initial asking price. The transaction was highly competitive, attracting multiple offers and driving up the final sale price.

Summary of transaction details

  • Property Type: Single-Family Home
  • Sale Price: $6,400,000
  • Square Footage: 2,405
  • Price Per Square Foot: $2,661
  • Address: 561 N. Mt. Holyoke Ave., Pacific Palisades

The deal was facilitated by Shelton Wilder from Sotheby's International Realty, who acted as the broker representing the seller in the transaction. With her expertise and negotiation skills, Wilder successfully closed the deal at a price significantly higher than the initial asking amount. The buyer, however, remains undisclosed.

Players

Shelton Wilder

Christie's International Real Estate

Broker

$139.8M

vol

11 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.48%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93