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
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
Calabasas Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
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.
Browse California single family residence sales on Traded.
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