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921 Rivas Canyon Road

Cynthia Ambuehl Represents Buyer In Sale Of Pacific Palisades Home For $9.7M
SOLDSingle Family

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:

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

David Berg

Compass

Broker

$119.5M

vol

9 deals

Broker

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