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617 31st St, Manhattan Beac...

Updated Dec 21, 2023

Daniel Assayag Brokers $4.8M Sale Of SFR In Manhattan Beach
SOLDSingle Family Residence

Daniel Assayag Brokers $4.8M Sale Of SFR In Manhattan Beach

617 31st St, Manhattan Beach, CA, USA

$4,835,000

$951/SF

Building Size

5,084 SF

Asset Type

Single Family Residence

Closing

Feb 25, 2021

About this deal

AI

A single-family residential property located at 617 31st St. in the Tree Section of Manhattan Beach has been sold. The transaction took place on February 26, 2021. The property was listed for sale by Daniel Assayag, a real estate broker.

Summary of transaction details:

  • Property Type: Single Family Residential
  • Asking Price: $4,999,000
  • Sale Price: $4,835,000
  • Square Footage: 5,084
  • Price per Square Foot: $951
  • Market: Tree Section, Manhattan Beach

The property was sold for $4,835,000, which was slightly lower than the asking price of $4,999,000. The house has a total square footage of 5,084, resulting in a price per square foot of $951. The transaction was facilitated by Daniel Assayag, a real estate broker who represented either the buyer or the seller in the deal.

Players

Daniel Assayag

Sotheby's International Realty

Broker

$9.6M

vol

2 deals

Broker

Manhattan Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $951 per square foot on a published $4.8M for 5,084 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.28%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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