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6970 Wildlife Rd, Malibu, C...

Stuart Liner Acquires Point Dume SFR In Malibu For $21.8M
SOLDSingle Family Residence

Stuart Liner Acquires Point Dume SFR In Malibu For $21.8M

6970 Wildlife Rd, Malibu, CA 90265, USA

$21,800,000

$3,671/SF

Building Size

5,937 SF

Asset Type

Single Family Residence

Closing

Aug 5, 2020

AI

Located in Point Dume, Malibu, the recently sold single-family residence at 6970 Wildlife Road has changed ownership. The property was purchased by Stuart Liner and Stephanie Hershey Liner. The seller, David Rosen, entrusted the sale of the property to Chris Cortazzo from Compass and Steve Levine & Drew Fenton from Hilton & Hyland. This exclusive transaction was finalized on August 6, 2020, for a total price of $21,800,000. The spacious property spans 5,937 square feet, resulting in a price per square foot of $3,672.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Transaction Amount: $21,800,000
  • Address: 6970 Wildlife Road, Point Dume, Malibu
  • Market: Point Dume, Malibu
  • Buyer: Stuart Liner & Stephanie Hershey Liner
  • Seller: David Rosen
  • Brokers: Chris Cortazzo - Compass, Steve Levine & Drew Fenton - Hilton & Hyland
  • Square Footage: 5,937
  • Price per Square Foot: $3,672

The purchase of 6970 Wildlife Road in Point Dume, Malibu, was facilitated by notable broker Chris Cortazzo from Compass and Steve Levine & Drew Fenton from Hilton & Hyland. This transaction marks the successful collaboration between Stuart Liner and Stephanie Hershey Liner as buyers and David Rosen as the seller. The property's prime location in Point Dume, Malibu, coupled with its impressive square footage and sale price, make it a noteworthy addition to the market.

Players

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 deals

Broker
Hilton & Hyland
Hilton & HylandBrokerage

Stuart Liner

Buyer

$133.8M

vol

3 deals

Buyer
David Rosen

David Rosen

Seller

$45.4M

vol

5 deals

Seller

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

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93