facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family Residence

/

Sale

/

Pacific Palisades, Los Ange...

David E. Kelley & Michelle Pfeiffer Acquire Pacific Palisades SFR For $22.5M
SOLDSingle Family Residence

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

Cindy Ambuehl

Christie's International Real Estate

Broker

$141.3M

vol

7 deals

Broker
Williams & Williams Estates Group
Williams & Williams Estates GroupBrokerage
The Agency
The AgencyBrokerage
Compass
CompassBrokerage

David E. Kelley

Buyer

$33.1M

vol

2 deals

Buyer

Los Angeles 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

0.71%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93