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Ando Hacopian Acquires SFR In Malibu From Kevin Garnett For $16M

Property Image
SOLD
$16,000,000
Griffin Ruderman

California

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Single Family Residence11,000 SF
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SOLD

Ando Hacopian Acquires SFR In Malibu From Kevin Garnett For $16M

27715 Pacific Coast Highway, Malibu, CA 90265

See Similar Deals
Single Family Residence11,000 SF
Sold
Griffin Ruderman
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1454
Total Square Footage:11000 SF
Transaction Type:Sale

A mid-construction development deal has taken place in Malibu, specifically at 27715 Pacific Coast Highway. The property in question is a single-family residence with an impressive size of 11,000 square feet. The asset has been sold by former NBA player Kevin Garnett, with the transaction taking place on June 30, 2021. The buyer of this property is Ando Hacopian.

Summary of transaction details

  • Property Type: Single Family Residence
  • Transaction Amount: $16,000,000
  • Address: 27715 Pacific Coast Highway, Malibu
  • Market: Malibu

The sale of this property was facilitated by brokers Griffin Ruderman and Jonathan Perez, representing Oakbrook Realty. It should be noted that the property was listed with an asking price of $19,900,000 but ultimately sold for $16,000,000. This translates to a price per square foot of $1,454.

This transaction marks a significant milestone in the real estate market in Malibu, showcasing the demand for luxurious properties in the area. The involvement of notable individuals, such as Kevin Garnett and Ando Hacopian, adds further prestige to the deal.

Players

Griffin Ruderman
4 deals$36M volume
BROKER

Jonathan (Jonny) Perez
Westside Estate Agency
6 deals$49.6M volume(310) 871-3414
BROKER

Details

SOLD
IMAGE: Griffin Ruderman, Kevin Garnett & Jonathan Perez DATE: 06/30/2021 ADDRESS: 27715 Pacific Coast Highway MARKET: Malibu ASSET TYPE: SFR BUYER: Ando Hacopian (@HacopianDDG) SELLER: Kevin Garnett BROKERS: Griffin Ruderman (@GRuderman) & Jonathan Perez (@JonnyPerez) - Oakbrook Realty ASKING PRICE: $19,900,000 SALE PRICE: $16,000,000 SF: 11,000 ~ PPSF: $1,454 NOTES: Mid Construction Development Deal

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