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568 Chautauqua Blvd, Pacifi...

Pacific Palisades SFR Sells For $24M With Brokers Steven Schaefer & Jay Luchs
SOLDSingle Family Residence

Pacific Palisades SFR Sells For $24M With Brokers Steven Schaefer & Jay Luchs

568 Chautauqua Blvd, Pacific Palisades, CA 90272, USA

$24,000,000

$177/SF

Building Size

135,000 SF

Asset Type

Single Family Residence

Closing

Jun 21, 2020

AI

A Single-Family Residential property located at 568 Chautauqua Blvd in Pacific Palisades has been recently sold. The property comprises of a spacious area covering 13,500 square feet. The transaction closed on June 22, 2020, with a selling price of $24,000,000, resulting in a price per square foot of $1,772.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $24,000,000
  • Square Footage: 13,500
  • Price per Square Foot: $1,772
  • Address: 568 Chautauqua Blvd, Pacific Palisades
  • Market: Pacific Palisades

The successful deal was facilitated by brokers Steven Schaefer and Jay Luchs, who represented the parties involved in the transaction.

Players

Jay Luchs

Newmark

Broker

$2B

vol

43 deals

Broker

Los Angeles 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

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93