facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family

/

Sale

/

835 San Vicente Boulevard

Cameron Strang Buys Santa Monica Home From Richard & Janet Hunter For $17.5M
SOLDSingle Family

Cameron Strang Buys Santa Monica Home From Richard & Janet Hunter For $17.5M

835 San Vicente Boulevard

$17,500,000

$1,413/SF

Building Size

12,379 SF

Asset Type

Single Family

Closing

May 24, 2024

AI

The property located at 835 San Vicente Boulevard in Santa Monica was sold for $17.5 million. This single-family home, situated on 0.48 acres, spans 12,379 square feet and was acquired by Cameron Strang from the previous owners, Richard Hunter and Janet Hunter.

Summary of transaction details:

Shelton Wilder of Christie’s AKG played a pivotal role in the transaction, representing both the buyer and the seller. The property, initially listed for $23.5 million, boasts seven bedrooms, 12 bathrooms, and upscale amenities like a retractable ceiling, a pool, a koi pond, a chef’s kitchen, a wine cellar, and a spa. This sale reflects the thriving luxury real estate market in Santa Monica, with Cameron Strang securing the second-largest residential deal in the city for the year.

Players

Shelton Wilder

Christie's International Real Estate

Broker

$139.8M

vol

11 deals

Broker

Santa Monica Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93