Updated Dec 21, 2023
Joey Ben-Zvi & Brandon Piller Acquire Malibu SFR For $5.5M
20110 Rockport Way, Malibu, CA, USA
$5,500,000
$1,408/SF
Building Size
3,906 SF
Asset Type
Single Family Residence
Closing
Nov 23, 2020
About this deal
AI
A single-family residence (SFR) located at 20110 Rockport Way in Malibu has recently been sold for a price of $5,500,000. The property, spanning across 3,906 square feet, was on the market and has now been purchased.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $5,500,000
- Date: 11/24/2020
- Address: 20110 Rockport Way
- Market: Malibu
The sale was facilitated by brokers Joey Ben-Zvi from The Agency whose Instagram handle is @Joey.B.Z and Brandon Piller from The Agency whose Instagram handle is @BrandonPiller.
The price per square foot (PPSF) for this transaction was $1,408.
Players
Malibu Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93