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Brentwood, California, Unit...

Dr. Gary Michelson Acquires Brentwood SFR For $23.9M
SOLDSingle Family Residence

Dr. Gary Michelson Acquires Brentwood SFR For $23.9M

Brentwood, California, United States

$23,900,000

$3,690/SF

Building Size

6,476 SF

Asset Type

Single Family Residence

Closing

Feb 14, 2022

AI

Dr. Gary Michelson has acquired a single-family residence (SFR) in Brentwood, with a total area of approximately 0.89 acres. The property was sold on 02/15/2022 for a price of $23,900,000. The SFR spans 12,043 square feet, resulting in a price per square foot of $1,984.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $23,900,000
  • Market: Brentwood
  • Acres: 0.89
  • Square Feet: 12,043
  • Price per Square Foot: $1,984
  • Date of Sale: 02/15/2022

The buyer of the property is Dr. Gary Michelson & Alya Michelson.

Players

Federico Rolon

Compass

Broker

$47.8M

vol

6 deals

Broker

Brentwood 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

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93