Updated Dec 4, 2023
Sinai Law Acquires SFR In Santa Monica For $2.5M
614 7th St Santa Monica, CA 90402, USA
$2,500,000
$1,347/SF
Building Size
1,855 SF
Asset Type
Single Family Residence
Closing
May 19, 2023
About this deal
AI
An SFR located at 614 7th Street in Santa Monica has been sold in a recent transaction. The property was sold for $2,500,000, with a size of 1,855 square feet. The price per square foot was calculated to be $1,348.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,500,000
- Address: 614 7th Street, Santa Monica
- Market: Santa Monica
- SF: 1,855
- PPSF: $1,348
Avi Sinai, Esq. from Sinai Law represented the buyer in this transaction. No agents were involved in the deal, and no commission was paid.
Players
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.3K per square foot on a published $2.5M for 1,855 square feet (2023).
Visit Avi Sinai to view all their deals.
Browse Los Angeles single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93