Viet Dinh & Jennifer Ashworth Dinh Acquire Sunset Boulevard Estate For $25.375M
14330 West Sunset Boulevard
$25,375,000
$1,680/SF
Building Size
15,100 SF
Asset Type
Single Family
Closing
Jun 3, 2024
AI
The property involved in the transaction is a 15,100-square-foot single-family home located at 14330 West Sunset Boulevard in Pacific Palisades. The sale price of the property was $25,375,000. The buyers were Viet Dinh and Jennifer Ashworth Dinh, while Damon Porter of Dynamic Real Estate Partners was the seller. The property sits on an acre of land in the Pacific Palisades market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,375,000
- Buyer: Viet Dinh & Jennifer Ashworth Dinh
- Seller: Damon Porter - Dynamic Real Estate Partners
- Buyer's Rep: Drew Fenton - Carolwood Estates; Lauren Ravitz - Berkshire Hathaway HomeServices California Properties
- Seller's Rep: Gary Glass - Christie's International Real Estate; H. Blair Chang & Sam Palmer - The Agency
- Address: 14330 West Sunset Boulevard
- Market: Pacific Palisades
- Size: 15,100 square feet
- Price Per Square Foot: $1,680
The buyers, Viet Dinh and Jennifer Ashworth Dinh, acquired the property from seller Damon Porter of Dynamic Real Estate Partners. Representing the buyers were Drew Fenton from Carolwood Estates and Lauren Ravitz from Berkshire Hathaway HomeServices California Properties. On the seller's side, the transaction was handled by Gary Glass from Christie's International Real Estate and H. Blair Chang along with Sam Palmer from The Agency. The property, originally listed for $34.5 million, underwent a 26% price reduction reflecting market trends in the Pacific Palisades area.
Players
Pacific Palisades Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93