Jonah Hill Acquires Malibu Colony SFR From Richard & Laurie Stark For $9M
SOLD
California
See Similar DealsSingle Family Residence3,653 SF
Sold 03/05/2021
SOLD
Jonah Hill Acquires Malibu Colony SFR From Richard & Laurie Stark For $9M
Malibu Colony Road, Malibu, CA, USA
See Similar DealsSingle Family Residence3,653 SF
Sold 03/05/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$2,463
Total Square Footage:3,653 SF
Transaction Type:Sale
Jonah Hill, along with Laurie Stark and Richard Stark, has purchased a single-family residence (SFR) in the Malibu Colony market for a sale price of $9,000,000. The property spans approximately 3,653 square feet, resulting in a price per square foot of $2,463.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,000,000
- Square Footage: 3,653
- Price per Square Foot: $2,463
- Buyer: Jonah Hill
- Seller: Richard & Laurie Stark - Chrome Hearts
The sellers, Richard and Laurie Stark, are associated with Chrome Hearts. This transaction took place on May 3, 2021.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$480,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10
Is there something missing? Send suggestions
