Updated Oct 28, 2024
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
About this deal
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.
On the Map
$23,000,000
$10,737/SF
Single Family Residence
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Players
Carpinteria Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $10.7K per square foot on a published $23M for 2,142 square feet (2022).
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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