facebook

traded

+ Submit
Home

/

Deals

/

National

/

Special Purpose

/

Sale

/

Douglas Elliman & The Agenc...

Douglas Elliman Represents Buyer In $2.7M Sale Of Malibu SFR
SOLDSpecial Purpose

Douglas Elliman Represents Buyer In $2.7M Sale Of Malibu SFR

$2,700,000

$1,403/SF

Building Size

1,924 SF

Asset Type

Special Purpose

Closing

Feb 21, 2023

AI

An SFR property located in Malibu has been sold for $2,700,000. The property spans across 1,924 square feet and has a price per square foot of $1,403. The lot size is 9,213 square feet, with a price per lot square foot of $293.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $2,700,000
  • SF: 1,924
  • PPSF: $1,403
  • Lot SF: 9,213
  • PPLSF: $293

The buyer's representative in this transaction was Andrew Beyer from Douglas Elliman, while the seller's representative was Irene Dazzan-Palmer from The Agency.

Players

Irene Dazzan-Palmer

The Agency

Broker

$57.3M

vol

7 deals

Broker

Market Special Purpose Market Snapshot

Boundary boundary · Special Purpose · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93