Linda Tawil Acquires Malibu SFR From Mike & Caroline Cusumano For $14.7M
27228 Escondido Beach Rd, Malibu, CA, USA
$14,700,000
$3,594/SF
Building Size
4,090 SF
Asset Type
Single Family Residence
Closing
Feb 16, 2021
AI
In a recent transaction, Linda Tawil acquired a single-family home located in Malibu. The property, spanning 4,090 square feet, was sold for a total of $14,700,000, resulting in a price per square foot of $3,594. The deal was facilitated by the brokers Chris Cortazzo from Compass and Branden & Rayni Williams from The Beverly Hills Estates.
Summary of transaction details
- Property Type: Single-Family Home
- Sale Price: $14,700,000
- Square Footage: 4,090
- Price Per Square Foot: $3,594
- Market: Malibu
This transaction involved Linda Tawil as the buyer and Mike & Caroline Cusumano as the sellers. The property was represented by Chris Cortazzo from Compass and Branden & Rayni Williams from The Beverly Hills Estates. The deal took place on February 17, 2021.
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
1.08%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93