Pink Acquires Malibu SFR From Soleyman Cohen-Sedgh For $13.7M
Malibu, CA, USA
$13,700,000
$3,171/SF
Building Size
4,320 SF
Asset Type
Single Family
Closing
Jun 15, 2021
AI
Pink has purchased a single-family residence (SFR) in Malibu for a total price of $13,700,000. The property, which was sold by Soleyman Cohen-Sedgh, spans across 4,320 square feet. The sale price per square foot (PPSF) amounts to $3,171.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $13,700,000
- Market: Malibu
- Buyer: Pink
- Seller: Soleyman Cohen-Sedgh
- Brokers: Irene Dazzan-Palmer - The Agency, Lily Harfouche - Compass
- SF: 4,320
- PPSF: $3,171
The buyer, Pink, made this acquisition in the Malibu market. Irene Dazzan-Palmer from The Agency and Lily Harfouche from Compass served as the brokers in this transaction.
Players
Malibu Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93