Andrew Beyer Of Douglas Elliman Acquires Malibu SFR For $2.7M
$2,700,000
$293/SF
Building Size
9,213 SF
Asset Type
Single Family Residence
Closing
Feb 21, 2023
AI
A Single Family Residence (SFR) in Malibu has been sold for a price of $2,700,000. With a total square footage of 1,924, the property was sold at a price per square foot of $1,403. The lot size of the property is 9,213 square feet, resulting in a price per lot square foot of $293.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,700,000
- Square Footage: 1,924
- Price per Square Foot: $1,403
- Lot Size: 9,213 square feet
- Price per Lot Square Foot: $293
Andrew Beyer from Douglas Elliman represented the buyer in this transaction, while Irene Dazzan-Palmer from The Agency acted as the seller's representative.
Players
Market 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93