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
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