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414 South Cliffwood Avenue,...

Sean Kia Acquires Single Family Property In Brentwood For $14.5M
SOLDSingle Family

Sean Kia Acquires Single Family Property In Brentwood For $14.5M

414 South Cliffwood Avenue,Brentwood,California

$14,500,000

$1,496/SF

Building Size

9,690 SF

Asset Type

Single Family

Closing

Feb 7, 2023

AI

Located at 414 South Cliffwood Avenue in Brentwood, this single-family property was recently sold in a closed transaction. The property spans over 9,690 square feet and was sold for a price of $14,500,000, resulting in a price per square foot of $1,496.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $14,500,000
  • Square Footage: 9,690
  • Address: 414 South Cliffwood Avenue
  • Market: Brentwood

The buyer, Sean Kia, represented by Tides Equities, acquired the property from Sarah Addington. The seller was represented by Siv Cotton and Landon Clements from Engel & Volkers. Laurent Mamann Slater from The Beverly Hills Estates acted as the buyer's representative in the deal.

Players

Laurent Mamann Slater

Hilton & Hyland

Broker

$21.1M

vol

3 deals

Broker
Sean Kia

Sean Kia

Tides Equities

Buyer

$1.3B

vol

18 deals

Buyer

Los Angeles 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

1.09%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93