Weston James Group And Aaron Kirman Group Sell Malibu SFR For $5.5M
31833 W Sea Level Dr, Malibu, CA, USA
$5,500,000
$1,848/SF
Building Size
2,975 SF
Asset Type
Single Family Residence
Closing
Apr 13, 2021
AI
Located in Malibu, this single-family residential property at 31833 W. Sea Level Dr. recently changed hands in a sale transaction. The deal, facilitated by brokers Weston Littlefield and Aaron Kirman from Weston James.Group and AaronKirman.Group respectively, along with Victoria Hill from Sotheby's International, closed on 04/14/2021.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $5,500,000
- Square Footage: 2,975 SF
- Price per Square Foot: $1,848
- Market: Malibu
This sale transaction involved a picturesque SFR property located at 31833 W. Sea Level Dr. in Malibu. Spanning across a total of 2,975 square feet, the property was sold for a price of $5,500,000, with a price per square foot of $1,848. Brokers Weston Littlefield from WestonJames.Group and Aaron Kirman from AaronKirman.Group, along with Victoria Hill from Sotheby's International, played a pivotal role in facilitating the deal.
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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93