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18038 Blue Sail Drive

Anita Verma-Lallian Purchases Former Home Of Matthew Perry In Pacific Palisades For $8.55M
SOLDSingle Family

Anita Verma-Lallian Purchases Former Home Of Matthew Perry In Pacific Palisades For $8.55M

18038 Blue Sail Drive

$8,550,000

$2,665/SF

Building Size

3,208 SF

Asset Type

Single Family

Closing

Oct 27, 2024

AI

The property located at 18038 Blue Sail Drive in Pacific Palisades is a single-family home situated on a 0.39-acre lot. It features a living space of 3,208 square feet and has been sold for $8,550,000, translating to a price per square foot of $2,665.

Summary of transaction details:

This transaction marks a significant event as it occurred on the one-year anniversary of "Friends" star Matthew Perry's passing. The buyer, Arizona developer Anita Verma-Lallian, intends to utilize the mid-century modern home as a vacation property, having acquired it from Perry, who purchased the home in 2020 for $6 million.

Players

Greg Holcomb

Carolwood Estates

Broker

$46.8M

vol

5 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

1.86%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93