Kurt Seidensticker's ItalProteins Acquires SFR In Pacific Palisades For $12.1M
Pacific Palisades, California, United States
$12,100,000
$2,100/SF
Building Size
5,760 SF
Asset Type
Single Family Residence
Closing
Jan 7, 2022
AI
A single-family residential property located in Pacific Palisades has recently been sold for a total sale price of $12,100,000. The property spans a total area of 0.18 acres and offers a living space of 5,760 square feet. It was sold on January 7, 2022, and the sale transaction was captured in a photograph taken by Kurt Seidensticker.
Summary of Transaction Details
- Property Type: Single-Family Residential
- Sale Price: $12,100,000
- Square Footage: 5,760 sqft
- Market: Pacific Palisades
- Acres: 0.18 acres
The buyer of this property is Kurt Seidensticker, the founder of italProteins. Ryan Jancula and Trevor Montano from Compass, along with James Harris and David Parnes from The Agency, served as the brokers representing both parties in the transaction.
Players
Pacific Palisades 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
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93