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Malibu, CA, USA

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

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

Malibu, CA, USA

$22,800,000

$2,027/SF

Building Size

11,247 SF

Asset Type

Single Family

Closing

Jul 14, 2021

AI

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

Carolwood Estates

Broker

$557.5M

vol

14 deals

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

0.70%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93