facebook
Traded Co logo
Submit

Bill Guthy And Guthy-Renker Acquire Malibu & Brentwood SFR For $22.8M

Property Image
SOLD
$22,800,000
Sandro Dazzan
Linda May
+ 1

California

See Similar Deals
Single Family11,247 SF
Sold 07/14/2021
the dealplayerscompscontact
Property Image
SOLD

Bill Guthy And Guthy-Renker Acquire Malibu & Brentwood SFR For $22.8M

Malibu, CA, USA

See Similar Deals
Single Family11,247 SF
Sold 07/14/2021
Sandro Dazzan
Linda May
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$2,027
Total Square Footage:11,247 SF
Transaction Type:Sale

Bill Guthy, co-founder of Guthy-Renker and Victoria Jackson, the well-known actress and entrepreneur, have made a notable real estate purchase in Malibu and Brentwood. The sale involved a single-family residential property that has caught the attention of many. The property, spanning 11,247 square feet, was sold for an impressive price of $22,800,000, equating to a price per square foot of $2,027.

Summary of transaction details:

  • Property Type: Single Family Residential
  • Transaction Amount: $22,800,000
  • Market: Malibu & Brentwood

The deal was mediated by several brokers, each representing the interests of the buyer and seller. Sandro Dazzan from The Agency, Chris Cortazzo from Compass, Michelle Oliver from Douglas Elliman, and Linda May from Hilton & Hyland played vital roles in facilitating the transaction. Their expertise and experience in the market undoubtedly contributed to the success of the deal.

Players

Linda May
14 deals$557.5M volume(310) 435-5932
BROKER

Chris Cortazzo
Compass
32 deals$631.9M volume
BROKER

Sandro Dazzan
The Agency
12 deals$216.4M volume
BROKER

Michelle Oliver
Douglas Elliman
1 deal$22.8M volume
BROKER

Details

SOLD
IMAGE: Bill Guthy DATE: 07/14/2021 MARKET: Malibu & Brentwood ASSET TYPE: SFR BUYER: Bill Guthy - Guthy-Renker & Victoria Jackson BROKERS: Sandro Dazzan - The Agency; Chris Cortazzo - Compass; Michelle Oliver - Douglas Elliman; Linda May - Hilton & Hyland SALE PRICE: $22,800,000 SF: 11,247 ~ PPSF: $2,027

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)

$1,216,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$81,003.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$108,083.63
Annual Debt Service$1,297,003.58