Jose E. Feliciano & Kwanza Jones Acquire Pacific Palisades Single Family Property For $49.4M
Pacific Palisades, Los Angeles
$49,400,000
Building Size
—
Asset Type
Single Family
Closing
Apr 5, 2023
AI
José E. Feliciano and Kwanza Jones have acquired a single-family property in Pacific Palisades. The property sits on approximately 1 acre of land. The transaction took place on April 5, 2023, and the seller of the property was David Sackler. The sale price for this transaction was $49,400,000.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $49,400,000
- Market: Pacific Palisades
- Acres: 1
The seller's representative for this transaction was Josh, Matt & Heather Altman from The Altman Brothers Team at Douglas Elliman.
Players
Los Angeles 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93