David E. Kelley & Michelle Pfeiffer Acquire Pacific Palisades SFR For $22.5M
Pacific Palisades, Los Angeles, CA, USA
$22,500,000
$2,184/SF
Building Size
10,300 SF
Asset Type
Single Family Residence
Closing
Jan 17, 2020
AI
Located in Pacific Palisades, this single-family residence was recently sold in a closed transaction. The property, spanning approximately 10,300 square feet, is situated in the desirable market of Pacific Palisades. The transaction took place on January 17, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $22,500,000
- Price per square foot: $2,184
- Buyer: David E. Kelley & Michelle Pfeiffer
- Seller: 1116 Napoli Development LLC - Scott A. Pendery
- Broker: Cindy Ambuehl - Compass
The buyer in this transaction is David E. Kelley, along with Michelle Pfeiffer. They acquired the property from the seller, 1116 Napoli Development LLC, represented by Scott A. Pendery. The deal was facilitated by Cindy Ambuehl from Compass.
Players
Los Angeles 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
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93