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6970 Wildlife Road

Updated Dec 4, 2024

U2m LLC Acquires Malibu Luxury Home For $52 Million
SOLDSingle Family

U2m LLC Acquires Malibu Luxury Home For $52 Million

6970 Wildlife Road

$52,000,000

Building Size

—

Asset Type

Single Family

Closing

Nov 22, 2023

About this deal

AI

A Malibu luxury home located at 6970 Wildlife Road was sold off-market for $52 million on November 22. The property, previously purchased by Stuart Liner and Stephanie Hershey Liner in 2020 for $22 million, saw a significant increase in value. The buyer, U2m LLC, is associated with tax consultant Tom van Loben Sels, well-known for his work with Mark Zuckerberg.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $52,000,000
  • Address: 6970 Wildlife Road, Malibu
  • Market: Malibu

This off-market sale showcases the increasing demand for luxury properties in the Malibu area. The sellers, Stuart Liner and Stephanie Hershey Liner, purchased the property just three years prior, and have made a substantial profit from the transaction. U2m LLC, represented by tax consultant Tom van Loben Sels, recognized the value of the property and seized the opportunity to acquire it. This transaction demonstrates the lucrative nature of the Malibu real estate market and the confidence investors have in its potential for growth.

On the Map

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$52,000,000

Single Family

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Players

Stuart Liner

Seller

$133.8M

vol

3 deals

Seller
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Malibu Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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