Updated Sep 9, 2024
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
About this deal
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.
Jennifer Lopez & Ben Affleck Acquire Pacific Palisades Single Family For $34.5M With Berkshire Hathaway HomeServices is logged as a single family sale on Traded (2023). The building is 15,100 square feet, implying about 2.3K per square foot on the published price. Gary Glass, Jennifer Lopez, Ben Affleck, Christie's International Real Estate appear on the sale alongside Christie's International Real Estate. This page is the market file for the Jennifer Lopez & Ben Affleck Acquire Pacific Palisades Single Family For $34.5M With Berkshire Hathaway HomeServices single family sold: pricing, party profiles, and other closed single family comps from the same area sit in the Market section below. Cite this Jennifer Lopez & Ben Affleck Acquire Pacific Palisades Single Family For $34.5M With Berkshire Hathaway HomeServices sale when underwriting similar single family product.
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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