Updated Oct 28, 2024
Olivier Leclerc Acquires Johnny Hallyday Estate In Pacific Palisades For $16.3M
789 Amalfi Drive, Pacific Palisades, CA 90272, USA
$16,300,000
$1,372/SF
Building Size
11,878 SF
Asset Type
Single Family Residence
Closing
Jul 2, 2020
About this deal
AI
The property involved in this closed transaction is a single-family residence located at 789 Amalfi Dr. in Pacific Palisades. The property was sold by the Estate of Johnny Hallyday.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $16,300,000
- Market: Pacific Palisades
- Square Footage: 11,878
- Price per Square Foot: $1,372
- Buyer: Olivier Leclerc - McKinsey & Fanny Leclerc
- Seller: Estate of Johnny Hallyday
- Brokers: Stephan Illouz - Coldwell Banker Realty, Fanny Leclerc - Spalding & Associates
Olivier Leclerc, representing McKinsey, and Fanny Leclerc were the buyers in this transaction. Stephan Illouz, from Coldwell Banker Realty, and Fanny Leclerc, from Spalding & Associates, served as the brokers in this deal.
Players
Pacific Palisades Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $16.3M for 11,878 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93