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La Quinta, CA, USA

Kourtney Kardashian & Travis Barker Purchase La Quinta SFR For $12M
SOLDSingle Family Residence

Kourtney Kardashian & Travis Barker Purchase La Quinta SFR For $12M

La Quinta, CA, USA

$12,000,000

$1,285/SF

Building Size

9,335 SF

Asset Type

Single Family Residence

Closing

Jun 9, 2020

AI

Kourtney Kardashian and Travis Barker have recently purchased a single-family residence (SFR) in La Quinta. The property, located in the prestigious Madison Club community, spans 9,335 square feet and was sold by Richard Doan. The transaction took place on June 9, 2021, with Glen Cassell of Madison Club Properties representing the buyers.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $12,000,000
  • Market: La Quinta
  • Square Footage: 9,335
  • Price per Square Foot: $214

The purchase of this stunning property showcases Kourtney Kardashian and Travis Barker's continued interest in the luxury real estate market. The Madison Club, known for its exclusive amenities and breathtaking views, provides the perfect backdrop for this high-profile couple's new home. With Glen Cassell of Madison Club Properties guiding them through the deal, it is evident that Kourtney Kardashian and Travis Barker are determined to acquire outstanding properties that align with their refined taste and lifestyle.

Players

Glenn Cassell

Broker

$83.4M

vol

5 deals

Broker

Kourtney Kardashian

Buyer

$24M

vol

2 deals

Buyer

Richard Doan

Seller

$24M

vol

2 deals

Seller

La Quinta Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93