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

Property Image
SOLD
$22,500,000
Alexandra Pfeifer
Cindy Ambuehl
+ 2

California

See Similar Deals
Single Family Residence10,300 SF
Sold 01/17/2020
the dealplayerscompscontact
Property Image
SOLD

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

Pacific Palisades, Los Angeles, CA, USA

See Similar Deals
Single Family Residence10,300 SF
Sold 01/17/2020
Alexandra Pfeifer
Cindy Ambuehl
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,184
Total Square Footage:10,300 SF
Transaction Type:Sale

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
7 deals$141.3M volume(818) 489-0282
BROKER

Alexandra Pfeifer
Sotheby's International Realty
3 deals$36.4M volume
BROKER

Anthony Marguleas
4 deals$83M volume
BROKER

Williams & Williams Estates Group
BROKERAGE


The Agency
BROKERAGE




Compass
BROKERAGE


2 deals$33.1M volume
BUYER

Details

SOLD
IMAGE: Michelle Pfeiffer, David E. Kelley & Cindy Ambuehl DATE: 01/17/2020 MARKET: Pacific Palisades ASSET TYPE: SFR BUYER: David E. Kelley & Michelle Pfeiffer SELLER: 1116 Napoli Development LLC - Scott A. Pendery BROKER: Cindy Ambuehl - Compass PRICE: $22,500,000 SF: 10,300 ~ PPSF: $2,184

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,200,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$79,937.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$106,661.48
Annual Debt Service$1,279,937.75