SOLDSingle Family Residence
Pacific Palisades Mansion Sells For $13.9M With Brokers Steven Schaefer And Jay Luchs
957 Corsica Drive, Pacific Palisades, Los Angeles, Pacific Palisades, CA, USA
$13,915,000
$1,611/SF
Building Size
8,637 SF
Asset Type
Single Family Residence
Closing
May 22, 2019
AI
A property located at 957 Corsica Drive in Pacific Palisades, LA has been sold for a price of $13,915,000.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $13,915,000
- Square Footage: 8,637
- Price Per Square Foot: $1,611
- Address: 957 Corsica Drive
- Market: Pacific Palisades
- City: LA
The property was sold by @Steven_Schaefer and @JayLuchs, brokers from Morgan Trent @TrentLuxury.
Players
Pacific Palisades Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.14%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93