Kate Kreiss & Loren Kreiss Acquire Pamela Anderson's Malibu Colony SFR For $11.8M
SOLD
$11,800,000
California
See Similar DealsSingle Family Residence2,752 SF
Sold 08/03/2020
SOLD
Kate Kreiss & Loren Kreiss Acquire Pamela Anderson's Malibu Colony SFR For $11.8M
23445 Malibu Colony Road, Malibu, CA 90265, USA
See Similar DealsSingle Family Residence2,752 SF
Sold 08/03/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$4,287
Total Square Footage:2,752 SF
Transaction Type:Sale
Pamela Anderson has sold her property located at 23445 Malibu Colony Rd in Malibu Colony. The single-family residence spans 2,752 square feet and was sold for a sale price of $11,800,000. This translates to a price per square foot of $4,287. The transaction took place on August 3, 2021, and the property was purchased by Kate Kreiss and Loren Kreiss.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $11,800,000
- Address: 23445 Malibu Colony Rd
- Market: Malibu Colony
- Square Footage: 2,752
In the sale of this property, Pamela Anderson was represented by Tomer Fridman. Kate Kreiss and Loren Kreiss were the buyers in the transaction.
Players
BROKERAGE
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$629,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,922.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,938.02
Annual Debt Service$671,256.24
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