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2104 Laurel Avenue

Compass Brokers Sell Single Family Home In Manhattan Beach For $8.1M
SOLDSingle Family

Compass Brokers Sell Single Family Home In Manhattan Beach For $8.1M

2104 Laurel Avenue

$8,100,000

$1,665/SF

Building Size

4,863 SF

Asset Type

Single Family

Closing

May 24, 2024

AI

The property located at 2104 Laurel Avenue in Manhattan Beach, a Single Family home, was sold for $8,100,000. The asset spans 4,863 square feet with a price per square foot of $1,666.

Summary of transaction details:

Nick Schneider and Mark Leddy from Compass were the brokers involved in facilitating the sale of the property. They represented the parties in the deal, ensuring a successful transaction.

Players

Nicholas Schneider

Compass

Broker

$18.4M

vol

2 deals

Broker

Manhattan Beach 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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93