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Malibu, CA, USA

Tyra Banks Acquires Malibu SFR For $4.7M With Brokers Macht, Respondek, And Lake
SOLDSingle Family

Tyra Banks Acquires Malibu SFR For $4.7M With Brokers Macht, Respondek, And Lake

Malibu, CA, USA

$4,720,000

$1,154/SF

Building Size

4,089 SF

Asset Type

Single Family

Closing

Feb 2, 2021

AI

Located in Malibu, this Single Family Residence (SFR) recently sold for $4,720,000. With a total square footage of 4,089, the property offers ample space for its residents. The sale price of $1,154 per square foot reflects the desirability of the home in the Malibu market.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,720,000
  • Square Footage: 4,089
  • Price per Square Foot: $1,154

Tyra Banks, the buyer, acquired this stunning property. Representing Tyra Banks in this transaction were Jonathan Macht from Coldwell Banker Realty and James Respondek & Heidi Lake from Sotheby’s Int’l Realty. These brokers played a vital role in facilitating the sale, showcasing their expertise in the Malibu market.

Players

Jonathan Macht

Coldwell Banker

Broker

$4.7M

vol

1 deal

Broker

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

3.36%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93