Mark Attanasio's Broad Beach Road Malibu SFR Under Contract For $25M
31202 Broad Beach Rd Malibu, Ca 90265, Usa
$25,000,000
$7,507/SF
Building Size
3,330 SF
Asset Type
Single Family Residence
Closing
Jul 26, 2023
AI
The under-contract sale of Mark Attanasio's Malibu beachfront mansion is making waves in the market. The stunning property, located at 31202 Broad Beach Road, offers breathtaking ocean views and spans 3,330 square feet. The home features a chef's kitchen, a spa deck, and charming gardens, making it the perfect oasis for relaxation and entertainment.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $25,000,000
- Address: 31202 Broad Beach Road, Malibu
- Market: Malibu
Handling this prestigious deal is Ari Passy Attanasio, a representative from Sotheby’s International Realty. In 2017, Attanasio purchased the property for $6.6 million, showcasing the immense appreciation of this luxurious asset. With its prime location and exquisite features, it's no wonder the property has attracted significant attention in the real estate market.
Los Angeles 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93