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31833 W Sea Level Dr, Malib...

Weston James Group And Aaron Kirman Group Sell Malibu SFR For $5.5M
SOLDSingle Family Residence

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

Aaron Kirman

Christie's International Real Estate

Broker

$900.5M

vol

43 deals

Broker

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