Dean Factor Sells Malibu Home For $37.5M To The Boathouse Trust Managed By Enza Cohn
23816 Malibu Road
Summary
Dean Factor, great-grandson of cosmetics mogul Max Factor, sold his Malibu home for $37.5 million in an off-market deal to The Boathouse Trust, managed by Enza Cohn. The estate, located at 23816 Malibu Road, features a three-bedroom main residence, a three-bedroom guesthouse, and was purchased by Factor for $15.3 million in 2010. It was listed in January for $40 million and was previously available for lease at $100,000 per month.
Summary of transaction details
- Property Type: Single Family Residence
- Transaction Amount: $37.5 million
- Address: 23816 Malibu Rd Malibu, CA 90265, USA
- Market: Not specified
- Buyer: The Boathouse Trust, managed by Enza Cohn
- Seller: Dean Factor
- Buyer's Representative: Not specified
- Seller's Representative: Not specified
- Brokers: Not specified
- Units: Not specified
- Price per Unit: Infinity
- Square Footage: 0
- Price per Square Foot: Infinity
The buyer, The Boathouse Trust, managed by Enza Cohn, acquired the property from Dean Factor. The sale price of $37.5 million marks a significant increase from Factor's purchase price of $15.3 million in 2010. The estate offers a luxurious three-bedroom main residence and a three-bedroom guesthouse. Factor's property was listed for $40 million in January before being sold in an off-market transaction. It was also previously available for lease at a monthly rate of $100,000.
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