Updated Nov 19, 2023
Ellen DeGeneres & Portia De Rossi Acquire Montecito SFR For $13.5M
Montecito, California, United States
$13,500,000
$2,685/SF
Building Size
5,028 SF
Asset Type
Single Family Residence
Closing
May 20, 2022
About this deal
AI
Ellen DeGeneres and Portia De Rossi have sold a single-family residence in Montecito. The property was sold on 05/20/2022 for $13,500,000. The residence spans across 5,028 square feet, resulting in a price per square foot of $2,684.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $13,500,000
- Market: Montecito
- Buyer: Ellen DeGeneres - Talk Show Host For The Ellen DeGeneres Show & Portia De Rossi - Australian-American Actress Best known For Starring In Arrested Development
This transaction involved Ellen DeGeneres, the renowned talk show host for The Ellen DeGeneres Show, and Portia De Rossi, an Australian-American actress best known for her role in Arrested Development. They represented themselves and completed the purchase of the single-family residence in Montecito. The property's exact address and any additional details beyond the sale price and square footage were not provided in the available information.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93