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Carpinteria, California, Un...

Conan O'Brien Acquires Carpinteria Single Family Property For $23M
SOLDSingle Family Residence

Conan O'Brien Acquires Carpinteria Single Family Property For $23M

Carpinteria, California, United States

$23,000,000

$10,737/SF

Building Size

2,142 SF

Asset Type

Single Family Residence

Closing

Sep 15, 2022

AI

The property involved in this closed transaction is a single-family home located in Carpinteria. The property sits on approximately 1.2 acres of land. The sale of the property was completed on September 16, 2022. The property spans 3,476 square feet, with a price per square foot of $6,617. The sale price for the property was $23,000,000.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $23,000,000
  • Market: Carpinteria
  • ACRES: 1.2

The buyers of the property are Conan and Liza O'Brien, who are known for their connection to the show "Late Night with Conan O'Brien." The buyers were represented by Kathleen Winter from Berkshire Hathaway Home Services California Properties. On the other hand, the seller was represented by Cristal Clarke from Berkshire Hathaway.

Players

Cristal Clarke

Berkshire Hathaway HomeServices

Broker

$78.4M

vol

6 deals

Broker

Carpinteria 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

0.69%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93