Ken Moelis Acquires Malibu SFR From Gary Simons For $21.5M

A single-family residential property located in Malibu has been sold in a recent transaction. The property, which has a total square footage of 4,631, was sold for a price of $21,500,000. With a price per square foot of $4,642, it is evident that this property is a valuable asset in the Malibu market.

Summary of transaction details

• Property Type: Single-Family Residential
• Transaction Amount: $21,500,000

The buyer in this transaction was Ken Moelis, representing Moelis & Company. On the other hand, the seller of the property was Gary Simons. The involvement of Ken Moelis, a prominent figure in the financial industry, adds to the significance of this transaction.