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4221 Ocean View Dr, Malibu,...

Malibu SFR Sold For $1.4M With Buyer's Rep Jonah Shenson And Seller's Rep Kim Collen-Ross & Paul Grisanti
SOLDSingle Family Residence

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

Paul Grisanti

Coldwell Banker

Broker

$1.4M

vol

1 deal

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

11.29%

Cash-on-Cash

-3.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93