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535 Ocean Avenue, Santa Mon...

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

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

535 Ocean Avenue, Santa Monica, CA 90402, USA

$14,500,000

$1,812/SF

Building Size

8,000 SF

Asset Type

Other

Closing

Dec 3, 2018

AI

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

Broker

$56.3M

vol

5 deals

Broker

Judd Apatow

Buyer

$41.5M

vol

2 deals

Buyer

Santa Monica Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.09%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93