Updated Oct 29, 2024
Jermaine Jones Sells Malibu Single Family Home For $2.8M - Arpie Petkus And Shen Schulz Represented Seller
$2,800,000
$1,076/SF
Building Size
2,600 SF
Asset Type
Single Family Residence
Closing
Aug 14, 2020
About this deal
AI
A single-family residence (SFR) located in Malibu has been sold for a transaction price of $2,800,000. The property spans 2,600 square feet, resulting in a price per square foot of $1,076. The sale took place on August 15, 2022. The property was represented by Jermaine Jones, a seller affiliated with @s04, while the buyer was represented by Arpie Petkus from Pinnacle Estate Properties and Shen Schulz from Sotheby’s International Realty.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,800,000
- Market: Malibu
- Property Size: 2,600 square feet
- Price per Square Foot: $1,076
- Seller: Jermaine Jones - @s04
- Brokers: Arpie Petkus - Pinnacle Estate Properties & Shen Schulz - Sotheby’s International Realty
- Date: August 15, 2022
This successful real estate transaction involved the key players of Jermaine Jones, Arpie Petkus and Shen Schulz. Each of them played important roles in representing their respective clients during the sale of the property in Malibu.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $2.8M for 2,600 square feet (2020).
Visit Pinnacle Estate Properties to view all their deals.
Browse this market single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93