Coldwell Banker Acquires SFR In Pacific Palisades For $8.1M
770 Paseo Miramar, Pacific Palisades, CA 90272
$8,100,000
$1,157/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Dec 9, 2021
AI
A luxury single-family home located at 770 Paseo Miramar in Pacific Palisades has recently been sold for a staggering price of $8,100,000. The property spans over 7,000 square feet, resulting in a price per square foot of $1,157. The sale was facilitated by Aram Afshar from Coldwell Banker - Quintessentially Estates.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,100,000
- Square Footage: 7,000 sqft
- Price Per Square Foot: $1,157
- Address: 770 Paseo Miramar, Pacific Palisades
- Market: Pacific Palisades
Aram Afshar, representing Coldwell Banker - Quintessentially Estates, played a crucial role in bringing together the buyer and seller for this remarkable transaction.
Pacific Palisades 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
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93