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Rustic Canyon, Wilshire Bou...

Compass Brokers Secure $15.5M Sale Of Rustic Canyon SFR In Santa Monica
SOLDSingle Family Residence

Compass Brokers Secure $15.5M Sale Of Rustic Canyon SFR In Santa Monica

Rustic Canyon, Wilshire Boulevard, Santa Monica, CA, USA

$15,500,000

$2,214/SF

Building Size

7,000 SF

Asset Type

Single Family Residence

Closing

Feb 8, 2021

AI

Ryan Jancula, Trevor Montano, and Amy Alcini of Compass recently closed a transaction in Rustic Canyon, Santa Monica. The property involved in the transaction is a single-family residence (SFR) with approximately 7,000 square feet of space. The sale price for this property was $15,500,000, resulting in a price per square foot of $2,214.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $15,500,000
  • Address: Rustic Canyon
  • Market: Santa Monica

Ryan Jancula, Trevor Montano, and Amy Alcini from Compass represented the parties involved in this sale. They played a crucial role in facilitating the transaction and ensuring its successful completion.

Players

Amy Alcini

Compass

Broker

$24.5M

vol

2 deals

Broker

Santa Monica Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93