Updated Sep 9, 2024
Steve Levitan Sells Malibu SFR For $14.2M With Broker Reps Tony Mark & Russell Grether - Compass, Kimberley Pfeiffer - Compass, Donald Richstone - Coldwell Banker Malibu Colony, Kathy Doyle - Kathy Doyle Estates
Malibu, CA, USA
$14,170,000
$1,771/SF
Building Size
8,000 SF
Asset Type
Single Family Residence
Closing
Nov 29, 2021
About this deal
AI
A single-family residence located in Malibu was recently sold in a closed transaction for a sale price of $14,170,000. The property spans approximately 0.25 acres and offers a spacious living area of 8,000 square feet. This stunning residence was purchased by Steve Levitan.
Summary of transation details
- Property Type: Single-Family Residence
- Transaction Amount: $14,170,000
- Market: Malibu
- Asset Type: SFR
- Acres: 0.25
Tony Mark and Russell Grether from the Mark & Grether Group at Compass, Kimberley Pfeiffer (Compass), Donald Richstone (Coldwell Banker Malibu Colony), and Kathy Doyle (Kathy Doyle Estates) served as the brokers representing the buyer, Steve Levitan, during the transaction.
Players
Malibu Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $14.2M for 8,000 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93