Jared Goff Acquires Property In Manhattan Beach For $8,575,000
819 5th Street
$8,575,000
$2,427/SF
Building Size
3,532 SF
Asset Type
Single Family
Closing
Nov 28, 2023
AI
The property involved in the transaction is a Single Family home located at 819 5th Street in Manhattan Beach. Jared Goff, the Detroit Lions quarterback, purchased the 3,532-square-foot property for $8,575,000. The purchase price per square foot was $2,428.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $8,575,000
- Buyer: Jared Goff
- Market: Manhattan Beach
- SF: 3,532
- PPSF: $2,428
Jared Goff is expanding his real estate portfolio with the acquisition of the property next to his off-season residence in Manhattan Beach. The new purchase adds to his existing properties, including a mansion next door worth $10.5 million, an ocean-view home in Hermosa Beach, and an estate in Detroit.
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
1.85%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93