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23590 Parksouth Street, Cal...

Updated Dec 21, 2023

Jake Paul Sells Calabasas SFR On Park South St. For $6.15M With Altman Brothers Team And Victor Mansour As Brokers
SOLDSingle Family Residence

Jake Paul Sells Calabasas SFR On Park South St. For $6.15M With Altman Brothers Team And Victor Mansour As Brokers

23590 Parksouth Street, Calabasas, CA, USA

$6,150,000

$408/SF

Building Size

15,045 SF

Asset Type

Single Family Residence

Closing

Mar 27, 2021

About this deal

AI

A single-family residence located at 23590 Park South St. in Calabasas was sold in a recent transaction. The property, with a size of 15,045 square feet, was purchased by an undisclosed buyer. The sale was facilitated by brokers Josh & Matt Altman from the Altman Brothers Team at Douglas Elliman and Victor Mansour from Coldwell Banker. The transaction took place on March 28, 2021, with a sale price of $6,150,000, resulting in a price per square foot of $408.

Summary of transaction details

  • Property Type: Single-Family Residence
  • Sale Price: $6,150,000
  • Square Footage: 15,045 sqft
  • Address: 23590 Park South St., Calabasas
  • Market: Calabasas

Jake Paul, a well-known personality from his career on social media platforms Vine and YouTube, was the seller of this property. Paul started his career on Vine, where he gained over 5.3 million followers and 2 billion plays. After Vine shut down, he transitioned to YouTube, where he earns an estimated $9,000 per minute of video content. Notably, Jake Paul is also a professional boxer and gained attention for knocking out former NBA star Nate Robinson in a boxing match. His upcoming fight is scheduled against MMA fighter Ben Askren on April 17th.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 deals

Broker

Calabasas Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Jake Paul bought a home in Calabasas for $6.2M in 2021. The full closing is on this page.

About $408 per square foot on a published $6.2M for 15,045 square feet (2021).

Visit Matthew (Matt) Altman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.58%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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