Jennifer Lopez & Ben Affleck Acquire Pacific Palisades Single Family For $34.5M With Berkshire Hathaway HomeServices
$34,500,000
$2,284/SF
Building Size
15,100 SF
Asset Type
Single Family
Closing
Feb 14, 2023
AI
A single family property located in Pacific Palisades recently sold for $34,500,000. The property, situated on a 1-acre lot, offers a spacious living area of 15,100 square feet. The transaction took place on February 14, 2023.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $34,500,000
- Market: Pacific Palisades
- Acres: 1
Notably, this property was purchased by Jennifer Lopez and Ben Affleck. They were represented by Gary Glass from Berkshire Hathaway HomeServices California.
Players
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
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93