facebook
Traded Co logo
Submit
Daily limit: 0/10

Luxurious Malibu Retreat Sells For $7.2M With Buyer's Rep Ewa Reza & Seller's Rep Jeff Chertow

Property Image
SOLD
$7,200,000
Ewa Reza
Jeff Chertow

California

See Similar Deals
Single Family Residence
Sold 07/10/2023
the dealplayerscompscontact
Property Image
SOLD

Luxurious Malibu Retreat Sells For $7.2M With Buyer's Rep Ewa Reza & Seller's Rep Jeff Chertow

Malibu

See Similar Deals
Single Family Residence
Sold 07/10/2023
Ewa Reza
Jeff Chertow
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Transaction Type:Sale

The former Malibu home of legendary surfer Janet MacPherson has been sold for $7,200,000. Jaman Properties purchased the property, located at 23905 Malibu Knolls Road, in the Malibu market. The single-level home sits on 0.76 acres and has been transformed into a luxurious retreat, complete with upgraded amenities. The kitchen features a mirrored backsplash with ocean views, providing a stunning backdrop for culinary activities. Additionally, visitors can enjoy a special powder room that immerses them in the soothing sounds of the ocean.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $7,200,000
  • Address: 23905 Malibu Knolls Road
  • Market: Malibu
  • Lot Size: 0.76 acres

Ewa Reza, representing Ashby & Graff, acted as the buyer's representative in this transaction. On the other side, Jeff Chertow, from Pinnacle Estate Properties, served as the seller's representative. These key individuals played crucial roles in ensuring the successful completion of the sale.

Players

Ewa Reza
Ewa Reza
1 deal$7.2M volume(323) 455-7575
BROKER
Jeff Chertow
Pinnacle Estate Properties
Jeff Chertow
1 deal$7.2M volume(310) 456-0880
BROKER

Details

SOLD
IMAGE: Ewa Reza & Jeff Chertow DATE: 07/10/2023 ADDRESS: 23905 Malibu Knolls Road MARKET: Malibu ASSET TYPE: SFR ~ ACRES: 0.76 BUYER'S REP: Ewa Reza - Ashby & Graff SELLER'S REP: Jeff Chertow (@JeffChertow) - Pinnacle Estate Properties (@PinnacleEstate) SALE PRICE: $7,200,000 NOTE: The former Malibu home of legendary surfer Janet MacPherson has been sold for $4 million and transformed by Jaman Properties into a luxurious retreat. The renovated single-level home features upgraded amenities, a mirrored backsplash in the kitchen with ocean views, and a special powder room that immerses visitors in the sounds of the ocean.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$384,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,131.67
Annual Debt Service$409,580.08