facebook
Traded Co logo
Submit
Daily limit: 0/10

Bret Michaels Sells Calabasas Home For $6.25M With Jordan Cohen - RE/MAX ONE As The Broker

Property Image
SOLD
$6,250,000
Jordan Cohen
BM

California

See Similar Deals
Single Family Residence5,950 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Bret Michaels Sells Calabasas Home For $6.25M With Jordan Cohen - RE/MAX ONE As The Broker

Calabasas

See Similar Deals
Single Family Residence5,950 SF
Sold
Jordan Cohen
BM
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1050
Total Square Footage:5950 SF
Transaction Type:Sale

Bret Michaels has recently sold his 5,950-square-foot property in Calabasas, Los Angeles for a lucrative deal of $6.25 million. This single-family home, located on a spacious 0.54-acre lot, offers breathtaking views and a range of luxurious amenities. With a custom pool, spa, gazebo, billiards room, and gym, this property provides a perfect blend of comfort and entertainment for its fortunate new owners.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $6,250,000
  • Market: Calabasas
  • Size: 5,950 square feet
  • Price per Square Foot: $1,050

The successful sale was facilitated by Jordan Cohen from RE/MAX ONE, representing Bret Michaels in the transaction. Cohen's expertise in the Calabasas market and negotiation skills undoubtedly played a significant role in achieving this favorable outcome for Michaels. Overall, the sale of Bret Michaels' Calabasas home marks a milestone in his real estate portfolio and reinforces the desirability and value of properties in this coveted Los Angeles neighborhood.

Players

Jordan Cohen
Re/Max
Jordan Cohen
15 deals$154.1M volume
BROKER
BM
Bret Michaels
3 deals$16.2M volume
SELLER

Details

SOLD
IMAGE: Jordan Cohen & Bret Michaels DATE: 06/06/2023 MARKET: Calabasas ASSET TYPE: Single Family ~ ACRES: 0.54 SELLER: Bret Michaels BROKER: Jordan Cohen (@JordanCohen1) - RE/MAX ONE (@RemaxOneCalifornia) SALE PRICE: $6,250,000 SF: 5,950 ~ PPSF: $1,050 NOTE: Bret Michaels has sold his Calabasas home in Los Angeles for $6.25 million, making a profitable deal. The 5,950-square-foot property boasts impressive views, a custom pool, spa, gazebo, billiards room, and a gym.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$333,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,204.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,628.19
Annual Debt Service$355,538.26