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Pacific Palisades, Californ...

Joe Russo Acquires $21M Single Family Home In Pacific Palisades From Cindy Ambuehl & Nikki Magliarditi - Compass
SOLDSingle Family Residence

Joe Russo Acquires $21M Single Family Home In Pacific Palisades From Cindy Ambuehl & Nikki Magliarditi - Compass

Pacific Palisades, California, United States

$21,000,000

$2,333,333/SF

Building Size

9 SF

Asset Type

Single Family Residence

Closing

Apr 1, 2023

AI

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.

Players

Cindy Ambuehl

Christie's International Real Estate

Broker

$141.3M

vol

7 deals

Broker

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

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93