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Judd Apatow And Leslie Mann Acquire Santa Monica Penthouse For $14.5M

Property Image
SOLD
$14,500,000
Rochelle Maize
JA
LM

California

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Other8,000 SF
Sold 12/04/2018
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Property Image
SOLD

Judd Apatow And Leslie Mann Acquire Santa Monica Penthouse For $14.5M

535 Ocean Avenue, Santa Monica, CA 90402, USA

See Similar Deals
Other8,000 SF
Sold 12/04/2018
Rochelle Maize
JA
LM
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$1,812
Total Square Footage:8,000 SF
Transaction Type:Sale

Judd Apatow and Leslie Mann have purchased a penthouse located at 535 Ocean Ave in Santa Monica. The property was sold for a total price of $14,500,000. This luxurious penthouse spans over 8,000 square feet, with a price per square foot of $1,812.

Summary of transaction details:

  • Property Type: Penthouse
  • Transaction Amount: $14,500,000
  • Address: 535 Ocean Ave
  • Market: Santa Monica
  • Square footage: 8,000
  • Price per square foot: $1,812

Rochelle Maize from Nourmand Real Estate represented Judd Apatow and Leslie Mann in this transaction.

Players

Rochelle Maize
Nourmand & Associates
Rochelle Maize
5 deals$56.3M volume
BROKER
JA
Judd Apatow
2 deals$41.5M volume
BUYER
LM
Leslie Mann
2 deals$41.5M volume
BUYER

Details

SOLD
IMAGE: Judd Apatow, Leslie Mann and Rochelle Maize @9021ro DATE: 12/04/2018 ADDRESS: 535 Ocean Ave MARKET: Santa Monica ASSET TYPE: Penthouse PRICE: $14,500,000 SF: 8,000 PPSF: $1,812 BUYER: Judd Apatow and Leslie Mann BROKER: Rochelle Maize @RochelleMaizeLuxuryEstates @NourmandRE

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Operating Income
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Net Operating Income (NOI)

$773,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$51,515.45
Cash-on-Cash Return-1.27%
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