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:
- Property Type: Single Family
- Transaction Amount: $8,100,000
- Address: 2104 Laurel Avenue
- Market: Manhattan Beach
- Brokers: Nick Schneider & Mark Leddy - Compass
- Asking Price: $8,499,000
- PPSF: $1,666
- Date: 05/24/2024
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
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