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Cody Ko & Kelsey Kreppel pu...

Cody Ko & Kelsey Kreppel Acquire Malibu SFR For $3.7M
SOLDSingle Family Residence

Cody Ko & Kelsey Kreppel Acquire Malibu SFR For $3.7M

$3,700,000

$2,622/SF

Building Size

1,411 SF

Asset Type

Single Family Residence

Closing

Jan 6, 2022

AI

Cody Ko and Kelsey Kreppel have purchased a single-family residential property in Malibu. The property was sold for $3,700,000 and spans 1,411 square feet. With a price per square foot of $2,622, this transaction highlights the value and desirability of the Malibu market.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,700,000
  • Market: Malibu

Kathy Ellis from Coldwell Banker and Rick Tyberg from Douglas Elliman represented the buyers, Cody Ko and Kelsey Kreppel, in this transaction. Their expertise and guidance ensured a successful deal for all parties involved.

Players

Rick Tyberg

Douglas Elliman

Broker

$64.9M

vol

5 deals

Broker

Market 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

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93