Bobby Murphy Acquires Manhattan Beach SFR For $14.5M - Snapchat's Buyer's Representative
Manhattan Beach, CA, USA
$14,500,000
$7,696/SF
Building Size
1,884 SF
Asset Type
Single Family Residence
Closing
May 26, 2020
AI
Bobby Murphy, the co-founder of Snapchat, has recently closed on a single-family residential property in Manhattan Beach. The sale took place on May 26, 2021, and the property is situated in a highly desirable market.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Sale Price: $14,500,000
- Square Footage: 1,884 sqft
- Price per Square Foot: $7,696
Bobby Murphy acquired the property, further expanding his real estate portfolio. This purchase not only showcases his investment interests, but also highlights his continued success in the tech industry. With this acquisition, Murphy adds another valuable asset to his holdings.
Manhattan Beach 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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93