Lucy Suros Acquires Pacific Palisades SFR For $7.7M With Berkshire Hathaway HomeServices And Pardee Properties
Pacific Palisades, California, United States
$7,700,000
$1,336/SF
Building Size
5,760 SF
Asset Type
Single Family Residence
Closing
Dec 30, 2021
AI
A single-family residential property located in Pacific Palisades, with an area of approximately 0.2 acres, was recently sold. The transaction took place on December 30, 2021, and the property was sold for a total price of $7,700,000. The property spans a total of 6,850 square feet, resulting in a price per square foot of $1,124. The sale was captured in a photo shared by Lucy Suros on Instagram.
Summary of Transaction Details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $7,700,000
- Market: Pacific Palisades
- Property Size: 0.2 acres
Lucy Suros served as the buyer in this transaction. She was represented by Gary Glass from Berkshire Hathaway HomeServices California Properties as her broker. The seller's broker was Katie Pardee and Tami Pardee from Pardee Properties.
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
2.06%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93