Mindy Kaling Acquires Malibu SFR For $9.55M With Leonard Rabinowitz & Jack Friedkin - Hilton & Hyland, Chris Cortazzo @Compass
Malibu Avenue
$9,500,000
$1,631/SF
Building Size
5,824 SF
Asset Type
Single Family Residence
Closing
Feb 26, 2020
AI
Mindy Kaling has purchased a single-family residential property in Malibu for $9,550,000. The property spans 5,824 square feet, with a price per square foot of $1,639.
Summary of transaction details:
- Property Type: Single-Family Residential
- Transaction Amount: $9,550,000
- Market: Malibu
- Brokers: Leonard Rabinowitz & Jack Friedkin (Hilton & Hyland), Chris Cortazzo (Compass)
This transaction involved the sale of a single-family residential property in Malibu. Mindy Kaling acquired the property for a total amount of $9,550,000. The property encompasses 5,824 square feet, with a price per square foot of $1,639. Leonard Rabinowitz and Jack Friedkin from Hilton & Hyland, as well as Chris Cortazzo from Compass, served as the brokers representing the parties involved in the deal.
Players
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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93