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
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.
Players
Market 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93