Sean Baroni Of NextHome Luxe Group Represents Buyer In Malibu Single Family Sale For $14.8M
$14,797,000
$4,624/SF
Building Size
3,200 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2025
AI
The asset involved in this transaction is a single-family home located in Malibu, California. The sale price of the property was $14,797,000, with a total square footage of 3,200 square feet, resulting in a price per square foot of $4,624.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,797,000
- Square Footage: 3,200
- Price per Square Foot: $4,624
- Market: Malibu
- Buyer's Representative: Sean Baroni - NextHome Luxe Group
- Seller's Representative: Chris Cortazzo - Compass
Key individuals involved in the transaction include Sean Baroni, who represented the buyer, and Chris Cortazzo, who represented the seller. Their respective agencies are NextHome Luxe Group and Compass.
Players
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
1.07%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93