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
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