Updated Dec 21, 2023
Brad Pitt Acquires SFR Property On 2.51 Acres In Carmel-by-the-Sea For $40M
Carmel By The Sea, San Francisco, California 94129, United States
$40,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jul 25, 2022
About this deal
AI
Brad Pitt has purchased a single-family residence (SFR) in Carmel-by-the-sea. The property, situated on a sprawling 2.51-acre lot, was sold for a staggering $40,000,000. The transaction took place on July 26, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $40,000,000
- Market: Carmel-by-the-sea
- Acres: 2.51
This significant purchase was made by actor Brad Pitt. The deal showcases his interest in investing in luxurious and expansive properties. With this acquisition, Pitt adds another valuable asset to his real estate portfolio.
On the Map
$40,000,000
Single Family Residence
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San Francisco 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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93