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31202 Broad Beach Rd Malibu...

Mark Attanasio's Broad Beach Road Malibu SFR Under Contract For $25M
SOLDSingle Family Residence

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.

Players

Ari Passy Attanasio

Sotheby's International Realty

Broker

$48.6M

vol

2 deals

Broker

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