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.
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