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Allen Schwartz sells Brentw...

Allen Schwartz's Single Family Home In Brentwood Sold For $16M With Buyer's Rep Jim Ostridge And Seller's Rep Cindy Ambuehi
SOLDSingle Family

Allen Schwartz's Single Family Home In Brentwood Sold For $16M With Buyer's Rep Jim Ostridge And Seller's Rep Cindy Ambuehi

$16,000,000

$4,444/SF

Building Size

3,600 SF

Asset Type

Single Family

Closing

Sep 22, 2020

AI

Located in the prestigious Brentwood area, this single-family property was recently sold for an impressive $16,000,000. The property spans over 3,600 square feet, offering ample space for comfortable living. With a price per square foot of $4,444, this sale showcases the high-end nature of the Brentwood market.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $16,000,000
  • Square Footage: 3,600
  • Price per Square Foot: $4,444

Represented by ABS Collection, the seller of this property was Allen Schwartz. Leading the buyer's representation were Jim Ostridge from Compass and Lea Porter from Beverly Hills Estates. On the seller's side, Cindy Ambuehi and Nikki Gwaltney, both from Compass, provided expert guidance throughout the transaction. Their expertise in the Brentwood market played a crucial role in ensuring a successful sale.

Players

Cindy Ambuehl

Christie's International Real Estate

Broker

$141.3M

vol

7 deals

Broker

Market 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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93