Douglas Elliman Represents Buyer In $2.7M Sale Of Malibu SFR
SOLD
National
See Similar DealsSpecial Purpose1,924 SF
Sold 02/21/2023
Summary
Asset Type:Special Purpose
Price Per Square Foot:$1,403
Total Square Footage:1,924 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53
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