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918 South Peck Avenue, Manh...

Michael Abdul Acquires SFR In Manhattan Beach For $3.5M
SOLDSingle Family Residence

Michael Abdul Acquires SFR In Manhattan Beach For $3.5M

918 South Peck Avenue, Manhattan Beach, CA, USA

$3,545,000

$988/SF

Building Size

3,586 SF

Asset Type

Single Family Residence

Closing

Nov 9, 2021

AI

Located in Manhattan Beach, this single-family residence at 918 N. Peck Dr. recently underwent a successful sale transaction. The property, with an area of 3,586 square feet, was sold for a price of $3,545,000. The sale was facilitated by Phil Zaikovatyy of Altera Realty, who represented the seller, Sam Samimi. The buyer, Michael Abdul, acquired this SFR asset at a rate of $988 per square foot.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,545,000
  • Address: 918 N. Peck Dr.
  • Market: Manhattan Beach

Phil Zaikovatyy from Altera Realty played a crucial role as the broker in this deal, effectively representing the seller, Sam Samimi. Michael Abdul emerged as the successful buyer, completing the purchase of this property under Phil Zaikovatyy's guidance. The sale transaction reflects the growing real estate market in Manhattan Beach.

Players

Phil Zaikovatyy

Broker

$10M

vol

3 deals

Broker

Redondo Beach 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

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93