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819 5th Street

Jared Goff Acquires Property In Manhattan Beach For $8,575,000
SOLDSingle Family

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

Jared Goff

Buyer

$25.5M

vol

3 deals

Buyer

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