Santiago Arana & Amir Mostame Acquire Single Family Property In Malibu For $38M

The sale of a property located at 5012 Carbon Beach Terrace in Malibu has recently taken place. This single-family property sits on approximately 21 acres of land. The transaction occurred on 09/21/2022, with the property being sold for a total price of $38,000,000. The property spans a total of 12,000 square feet, resulting in a price per square foot of $3,167.

Summary of transation details

• Property Type: Single Family
• Transaction Amount: $38,000,000
• Address: 5012 Carbon Beach Terrace
• Market: Malibu
• Acres: 21

The buyer's representatives in this deal were Santiago Arana and Amir Mostame from The Agency. On the other side, Ani Dermenjian represented the seller, with Ani Dermenjian from Douglas Elliman and Kurt Rappaport from Westside Estate Agency also involved in the transaction.