facebook
Traded Co logo
Submit

Franz & Vicki Von Holzhausen - Tesla Acquires Malibu SFR From Neal Marlens & Carol Black

Property Image
SOLD
$23,100,000

California

See Similar Deals
Single Family5,232 SF
Sold 06/25/2021
the dealplayerscompscontact
Property Image
SOLD

Franz & Vicki Von Holzhausen - Tesla Acquires Malibu SFR From Neal Marlens & Carol Black

Malibu, CA, USA

See Similar Deals
Single Family5,232 SF
Sold 06/25/2021
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$4,415
Total Square Footage:5,232 SF
Transaction Type:Sale

An SFR located in Malibu was recently sold in a transaction that took place on June 25, 2021. The property, which spans 5,232 square feet, was sold for a total of $23,100,000, resulting in a price per square foot of $4,415. The sale was facilitated by real estate brokers Sandro Dazzan and Billy Rose from The Agency, as well as Aaron Kirman from Compass.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $23,100,000
  • Market: Malibu
  • Buyer: Franz & Vicki von Holzhausen - Tesla
  • Seller: Neal Marlens & Carol Black
  • Brokers: Sandro Dazzan & Billy Rose - The Agency, Aaron Kirman - Compass

Franz & Vicki von Holzhausen, who are associated with Tesla, were the buyers of the property. On the other hand, Neal Marlens & Carol Black were the sellers. The deal was facilitated by brokers Sandro Dazzan and Billy Rose from The Agency, as well as Aaron Kirman from Compass.

Players

Aaron Kirman
43 deals$900.5M volume(310) 994-9512
BROKER

Sandro Dazzan
The Agency
12 deals$216.4M volume
BROKER

Billy Rose
The Agency
5 deals$73.5M volume
BROKER

BUYER

BUYER

Details

SOLD
IMAGE: Franz von Holzhausen DATE: 06/25/2021 MARKET: Malibu ASSET TYPE: SFR BUYER: Franz & Vicki von Holzhausen - Tesla SELLER: Neal Marlens & Carol Black BROKERS: Sandro Dazzan & Billy Rose - The Agency, Aaron Kirman - Compass SALE PRICE: $23,100,000 SF: 5,232 ~ PPSF: $4,415

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,231,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$82,069.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$109,505.79
Annual Debt Service$1,314,069.42