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Malibu Colony Road, Malibu,...

Jonah Hill Acquires Malibu Colony SFR From Richard & Laurie Stark For $9M
SOLDSingle Family Residence

Jonah Hill Acquires Malibu Colony SFR From Richard & Laurie Stark For $9M

Malibu Colony Road, Malibu, CA, USA

$9,000,000

$2,463/SF

Building Size

3,653 SF

Asset Type

Single Family Residence

Closing

Mar 5, 2021

AI

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

Jonah Hill

Buyer

$42.8M

vol

4 deals

Buyer

Laurie Stark

Chrome Hearts

Seller

$67.5M

vol

4 deals

Seller

Malibu 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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93