Updated Dec 21, 2023
Billionaire Buyer Acquires Altadena Single Family Home For $220M
1505 Carroll Dr, Altadena, California, USA
$220,000,000
$115,850/SF
Building Size
1,899 SF
Asset Type
Single Family Residence
Closing
Nov 23, 2021
About this deal
AI
The property involved in this transaction is a single-family home located at 1505 Carroll Dr in Altadena, CA. The property has a total square footage of 1,899. The sale took place on November 24, 2021, with a transaction price of $220,000,000. The price per square foot for this property is approximately $115,850.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $220,000,000
- Address: 1505 Carroll Dr
- Market: Altadena, CA
- Square Footage: 1,899
- Price per Square Foot: $115,850
In this transaction, the parties involved in the deal were not provided.
Players
Altadena Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $115.9K per square foot on a published $220M for 1,899 square feet (2021).
Browse California single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93