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Malibu, CA, USA

Updated Nov 24, 2023

Will & Calla Griffith Acquire $20M Malibu SFR From Jeff Marine
SOLDSingle Family Residence

Will & Calla Griffith Acquire $20M Malibu SFR From Jeff Marine

Malibu, CA, USA

$20,000,000

$3,204/SF

Building Size

6,242 SF

Asset Type

Single Family Residence

Closing

Dec 8, 2021

About this deal

AI

Located in Malibu, this single-family residence (SFR) recently changed hands in a closed property transaction. The property, captured in a photo by Will Griffith, was sold by Jeff Marine to buyers Will & Calla Griffith. The transaction took place on August 12, 2021, with a sale price of $20,000,000. The SFR spans 6,242 square feet, resulting in a price per square foot (PPSF) of $3,204.

Summary of transaction details:

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $20,000,000
  • Market: Malibu

The buyers, Will & Calla Griffith, secured the property from seller Jeff Marine. This transaction represents a significant investment in the Malibu real estate market. The SFR, captured beautifully in a photo by Will Griffith, offers a spacious living space of 6,242 square feet. The price per square foot (PPSF) for this property is $3,204, indicating its desirability within the market.

Players

Malibu Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $3.2K per square foot on a published $20M for 6,242 square feet (2021).

Browse California single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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