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5941 Philip Ave, Malibu, CA...

Compass Represents Sale Of $9M Malibu SFR On Philip Ave By Ryan Jancula, Trevor Montano, Amy Alcini
SOLDSingle Family Residence

Compass Represents Sale Of $9M Malibu SFR On Philip Ave By Ryan Jancula, Trevor Montano, Amy Alcini

5941 Philip Ave, Malibu, CA, USA

$9,000,000

$750/SF

Building Size

12,000 SF

Asset Type

Single Family Residence

Closing

Feb 25, 2021

AI

Located in Malibu, the single-family residence at 5941 Philip Ave was recently sold in a closed transaction. The property, spanning approximately 12,000 square feet, boasts a sale price of $9,000,000, resulting in a price per square foot of $750.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $9,000,000
  • Market: Malibu
  • Address: 5941 Philip Ave

Leading the deal were brokers Ryan Jancula, Trevor Montano, and Amy Alcini from Compass. Ryan Jancula, Trevor Montano, and Amy Alcini represented the respective parties involved in the transaction.

Players

Amy Alcini

Compass

Broker

$24.5M

vol

2 deals

Broker

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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93