Updated Dec 21, 2023
Patti Davis Acquires Santa Monica SFR For $3.5M
$3,500,000
$2,020/SF
Building Size
1,732 SF
Asset Type
Single Family Residence
Closing
Feb 20, 2022
About this deal
AI
A single-family home located in Santa Monica was recently sold for $3,500,000. The property spans 1,732 square feet with a price per square foot of $2,020. The transaction took place on February 21, 2022.
Summary of Transaction Details:
- Property Type: SFR
- Transaction Amount: $3,500,000
Patti Davis, the daughter of Ronald and Nancy Reagan, purchased the property. Her role in the transaction was that of the buyer.
Patti Davis Acquires Santa Monica SFR For $3.5M is logged as a single family residence sale on Traded (2022). The building is 1,732 square feet, implying about 2K per square foot on the published price. Peter Turman, David Offer, Berkshire Hathaway HomeServices, Coldwell Banker appear on the sale alongside Berkshire Hathaway HomeServices, Coldwell Banker. This page is the market file for the Patti Davis Acquires Santa Monica SFR For $3.5M single family residence sold: pricing, party profiles, and other closed single family residence comps from the same area sit in the Market section below. Cite this Patti Davis Acquires Santa Monica SFR For $3.5M sale when underwriting similar single family residence product.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2K per square foot on a published $3.5M for 1,732 square feet (2022).
Visit Peter Turman to view all their deals.
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93