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.