Gianluca Bardini Acquires Malibu SFR For $7M From Seller Massimo & Georgia Goldman
21026 Pacific Coast Highway, California, United States
$7,000,000
$2,278/SF
Building Size
3,072 SF
Asset Type
Single Family Residence
Closing
Mar 30, 2022
AI
Located at 21026 Pacific Coast Hwy in Malibu, this single-family residence (SFR) was recently sold in a closed transaction. The property spans a total of 3,072 square feet, offering plenty of space for comfortable living. The sale was facilitated by Jet Mendes from Atllas Inc.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,000,000
- Square Footage: 3,072
- Price per Square Foot: $2,278
- Address: 21026 Pacific Coast Hwy, Malibu
- Market: Malibu
Gianluca Bardini acquired the property from the sellers, Massimo Goldman and Georgia Goldman. It is noteworthy that this transaction was successfully carried out, thanks to the expertise and representation of Jet Mendes from Atllas Inc.
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93