Updated Oct 28, 2024
Jenson Button Acquires SFR In Santa Monica, CA For $5.8M
816 West San Vicente Boulevard, Santa Monica, California 90402, United States
$5,800,000
$1,640/SF
Building Size
3,535 SF
Asset Type
Single Family Residence
Closing
Mar 16, 2022
About this deal
AI
The recently closed property transaction involves a single-family residence located at 816 San Vicente Blvd, in Santa Monica, CA. The property was sold on 03/17/2022 at a sale price of $5,800,000. Spanning over 3,535 square feet, the home has a price per square foot of $1,641.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,800,000
- Address: 816 San Vicente Blvd, Santa Monica, CA
- Market: Santa Monica, CA
In this transaction, the buyer was Jenson Button, and the seller was Champaneri Trust, represented by Jyot & Kanuja Champaneri. The buyer and seller were aided by Ashley Teitel from Sotheby's International Realty, who acted as the broker.
Note from @AshleyTeitel_RealEstate: Ashley Teitel represented the buyer and seller in this transaction.
Santa Monica Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $5.8M for 3,535 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93