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700 San Antonio St Ojai, CA...

Blue Bottle Coffee Founder's Ojai Estate Sold For $18M To Florida Buyers
SOLDSingle Family Residence

Blue Bottle Coffee Founder's Ojai Estate Sold For $18M To Florida Buyers

700 San Antonio St Ojai, CA 93023, USA

$18,000,000

$2,250/SF

Building Size

8,000 SF

Asset Type

Single Family Residence

Closing

Jul 11, 2023

AI

A 41.29-acre estate in Ojai, California has been sold by Blue Bottle Coffee founder, James Freeman, and his wife Caitlin Williams Freeman for $18 million. The property, located at 700 San Antonio Street, attracted buyers from Florida-based Westways Ranch. The estate includes a main house, music room, Dojo building, meditation pavilion, and coffee plantation.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $18,000,000
  • Address: 700 San Antonio Street, Ojai
  • Market: Ojai
  • Acres: 41.29

Compass broker representative Luke Ebbin represented the sellers, while the buyers were represented by Tyler Kallenbach from Compass. The estate boasts a total square footage of 8,000, resulting in a price per square foot (PPSF) of $2,250.

Players

Tyler Kallenbach

Compass

Broker

$18M

vol

1 deal

Broker

James Freeman

Blue Bottle Coffee

Seller

$18M

vol

3 deals

Seller
BC
Blue Bottle CoffeeSeller

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93