Updated Nov 24, 2023
Sito Family Acquires SFR On 17th Street In Manhattan Beach For $5.7M
665 17th Street
$5,700,000
$1,245/SF
Building Size
4,578 SF
Asset Type
Single Family Residence
Closing
Feb 2, 2023
About this deal
AI
A single-family residence located at 665 17th Street in Manhattan Beach has been sold for a record-breaking price of $5,700,000. The property spans a total of 4,578 square feet, resulting in a price per square foot of $1,245. The transaction took place on 02/02/2023.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $5,700,000
- Square Footage: 4,578
- Price Per Square Foot: $1,245
- Address: 665 17th Street, Manhattan Beach
- Market: Manhattan Beach
The buyer of the property is the Sito Family, while the seller is Akash Rohera. This sale represents a significant achievement in the local real estate market, with the purchase price setting a new record for the area.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $5.7M for 4,578 square feet (2023).
Visit Akash Rohera to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93