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449 17th Street

Carolwood Estates Acquires Single Family Property In Santa Monica For $6.6M
SOLDSingle Family

Carolwood Estates Acquires Single Family Property In Santa Monica For $6.6M

449 17th Street

$6,564,774

$1,329/SF

Building Size

4,939 SF

Asset Type

Single Family

Closing

Dec 13, 2023

AI

The single-family property located at 449 17th Street in Santa Monica has been sold in a closed transaction.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $6,564,774
  • Address: 449 17th Street, Santa Monica
  • Market: Santa Monica

The property spans approximately 4,939 square feet, with a price per square foot of $1,329.

The deal was brokered by Andrew Beyer from Carolwood Estates.

Players

Andrew Beyer

Carolwood Estates

Broker

$40.3M

vol

8 deals

Broker

Santa Monica 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

2.42%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93