Joe Russo Acquires $21M Single Family Home In Pacific Palisades From Cindy Ambuehl & Nikki Magliarditi - Compass
SOLD
$21,000,000
California
See Similar DealsSingle Family Residence9 SF
Sold 04/01/2023
SOLD
Joe Russo Acquires $21M Single Family Home In Pacific Palisades From Cindy Ambuehl & Nikki Magliarditi - Compass
Pacific Palisades, California, United States
See Similar DealsSingle Family Residence9 SF
Sold 04/01/2023
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,333,333
Total Square Footage:9 SF
Transaction Type:Sale
A stunning single-family property located in Pacific Palisades has been sold in a closed transaction. The property, spanning over 0.38 acres of land, was purchased by Alicia Russo and Joe Russo, the esteemed director of 'Avengers: Endgame'. The sale was facilitated by Cindy Ambuehl and Nikki Magliarditi of Compass.
Summary of transaction details
- Property Type: Single Family
- Market: Pacific Palisades
- Acres: 0.38
The property, boasting a spacious area of 9,351 square feet, was sold at a price of $21,000,000. This amounts to a per square foot price of $2,246, highlighting the value of this remarkable estate.
Congratulations to Alicia Russo and Joe Russo on their acquisition of this exceptional property. With its prime location and remarkable features, it is sure to provide them with a luxurious and comfortable living experience.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,120,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56
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