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14330 West Sunset Boulevard

Viet Dinh & Jennifer Ashworth Dinh Acquire Sunset Boulevard Estate For $25.375M
SOLDSingle Family

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:

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

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 deals

Broker

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