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Richard Saghian buys Malibu...

Updated Oct 29, 2024

Richard Saghian Of Fashion Nova Acquires Malibu Single Family Home For $40M
SOLDSingle Family

Richard Saghian Of Fashion Nova Acquires Malibu Single Family Home For $40M

$40,000,000

$6,666/SF

Building Size

6,000 SF

Asset Type

Single Family

Closing

Jan 5, 2023

About this deal

AI

No summary available.

Richard Saghian Of Fashion Nova Acquires Malibu Single Family Home For $40M is logged as a single family sale on Traded (2023). The building is 6,000 square feet, implying about 6.7K per square foot on the published price. Gayle Pritchett, Stuart Vetterick, Branden Williams, Chris Cortazzo appear on the sale alongside The Beverly Hills Estates, Hilton & Hyland, Compass. This page is the market file for the Richard Saghian Of Fashion Nova Acquires Malibu Single Family Home For $40M single family sold: pricing, party profiles, and other closed single family comps from the same area sit in the Market section below. Cite this Richard Saghian Of Fashion Nova Acquires Malibu Single Family Home For $40M sale when underwriting similar single family product.

Players

Chris Cortazzo

Compass

Broker

$650.4M

vol

33 deals

Broker

Rich Saghian

Fashion Nova

Buyer

$195.7M

vol

3 deals

Buyer

Lee Samson

Seller

$90.3M

vol

3 deals

Seller

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

Richard Saghian Of Fashion Nova bought a home for $40M in 2023. The full closing is on this page.

About $6.7K per square foot on a published $40M for 6,000 square feet (2023).

Visit Gayle Pritchett to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.40%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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