Malibu SFR Sold For $1.4M With Buyer's Rep Jonah Shenson And Seller's Rep Kim Collen-Ross & Paul Grisanti
4221 Ocean View Dr, Malibu, CA, USA
$1,405,000
$621/SF
Building Size
2,262 SF
Asset Type
Single Family Residence
Closing
Jan 26, 2021
AI
The property involved in this closed transaction is a single-family home located at 4221 Ocean View Dr. in Malibu. The property has a total square footage of 2,262 and was sold at a price of $1,405,000. The home was listed with an asking price of $1,699,000, resulting in a per square foot price of $621.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,405,000
- Date: 01/27/2021
- Market: Malibu
- Buyer's Representative: Jonah Shenson - Jonah Shenson Homes
- Seller's Representatives: Kim Collen-Ross & Paul Grisanti
Jonah Shenson from Jonah Shenson Homes represented the buyer in this transaction, while the sellers were represented by Kim Collen-Ross and Paul Grisanti.
Players
Malibu Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.29%
Cash-on-Cash
-3.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93