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
Market Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Sale transactions
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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