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
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