Ron Burkle's Yucaipa Companies Acquire Malibu Colony SFR For $13.5M
Malibu Colony, Malibu, California, United States
$13,500,000
$3,664/SF
Building Size
3,684 SF
Asset Type
Single Family Residence
Closing
Feb 23, 2022
AI
A single-family residence (SFR) located in Malibu Colony was recently sold for $13,500,000. The property spans over 2,502 square feet, resulting in a price per square foot of $5,395.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $13,500,000
- Market: Malibu Colony
Ron Burkle, the buyer, acquired the property through his company, The Yucaipa Companies, LLC. The sale was facilitated by brokers Jack Pritchett from Pritchett-Rapf & Associates and Branden & Rayni Williams from The Beverly Hills Estates.
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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93