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Shana Tavangarian Soboroff Of The Beverly Hills Estates Leases Malibu Single Family Asset For $16,000/Month
LEASED
$16,000
California
See Similar DealsSingle Family2,932 SF
Leased 11/11/2024
LEASED
Shana Tavangarian Soboroff Of The Beverly Hills Estates Leases Malibu Single Family Asset For $16,000/Month
21757 Castlewood Drive
See Similar DealsSingle Family2,932 SF
Leased 11/11/2024
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$16,000
Total Square Footage:2,932 SF
Transaction Type:Lease
A single-family asset located at 21757 Castlewood Drive in Malibu has been leased for $16,000 per month. The property spans approximately 2,932 square feet and encompasses nearly one acre of land. It boasts panoramic ocean views, luxurious interiors, a private pool, and a guest house.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $16,000/Month
- Address: 21757 Castlewood Drive
- Market: Malibu
- Broker: Shana Tavangarian Soboroff - The Beverly Hills Estates
Leasing agent Shana Tavangarian Soboroff represented the transaction through The Beverly Hills Estates, facilitating the lease of this architectural property, known as the Power Plant by Ed Niles, FAIA.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$53,779,350.63
Total Lease Value
$537,793,506.26
Net Landlord Cash Flow$53,779,350.63
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