Cynthia Ambuehl Represents Buyer In Sale Of Pacific Palisades Home For $9.7M
921 Rivas Canyon Road
$9,700,000
$1,772/SF
Building Size
5,474 SF
Asset Type
Single Family
Closing
Sep 20, 2024
AI
A contemporary residence located at 921 Rivas Canyon Road in the Pacific Palisades market has been sold for $9,700,000. The single-family home encompasses 5,474 square feet on a 1-acre lot, featuring five en suite bedrooms. The property is designed with luxurious details and includes a resort-like backyard complete with a pool and spa, ensuring both privacy and convenient access to local amenities and the beach.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,700,000
- Sale Price per Square Foot: $1,772
- Address: 921 Rivas Canyon Road
- Market: Pacific Palisades
- Acres: 1
- Buyer’s Representative: Cynthia Ambuehl - Christie's International Real Estate
- Seller’s Representatives: David Berg & F. Ron Smith - Smith & Berg Partners - Compass
The transaction involved notable individuals in the real estate industry, with Cynthia Ambuehl representing the buyer, while the seller was represented by both David Berg and F. Ron Smith. The collaboration between these professionals facilitated the successful sale of this high-value property in a coveted neighborhood.
Players
Pacific Palisades 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
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93