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:
- Property Type: Single Family
- Transaction Amount: $8,550,000
- Address: 18038 Blue Sail Drive
- Market: Pacific Palisades
- Acres: 0.39
- Square Footage: 3,208
- Price per Square Foot: $2,665
- Buyer: Anita Verma-Lallian
- Seller's Representative: Greg Holcomb - Carolwood Estates
- Buyer's Representative: Brooke Elliott Laurinkus - Christie's International Real Estate
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
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