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Ellen DeGeneres Acquires Montecito SFR For $27M With Brokers Ivor Miskulin & Suzanne Perkins

Property Image
SOLD
$27,000,000
Ivor Miskulin
Robert Riskin
+ 5

California

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Ellen DeGeneres Acquires Montecito SFR For $27M With Brokers Ivor Miskulin & Suzanne Perkins

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Single Family Residence91,639 SF
Sold
Ivor Miskulin
Robert Riskin
+ 5
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Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$294
Total Square Footage:91639 SF
Transaction Type:Sale

Ellen DeGeneres, the popular American comedian and television personality, recently made a residential real estate transaction in Montecito. She purchased a single-family home for a whopping $27 million. The property spans across 8,188 square feet, resulting in a price per square foot of $3,297. The deal was finalized on January 29, 2019, and the property is located in the coveted Montecito market.

Summary of Transaction Details

  • Property Type: Single-Family Home
  • Transaction Amount: $27 million
  • Square Footage: 8,188 sqft
  • Price per Square Foot: $3,297

The transaction was facilitated by brokers Ivor Miskulin and Suzanne Perkins from Compass. They represented Ellen DeGeneres throughout the deal, showcasing their expertise in the Montecito market as representatives of Compass California.

Players

Eric Lavey
7 deals$117.4M volume(310) 724-7000
BROKER

Nancy Kogevinas
9 deals$148.6M volume
BROKER

Dusty Baker
3 deals$75.6M volume
BROKER

Michael Dreyfus
3 deals$73.2M volume
BROKER

Robert Riskin
4 deals$86.9M volume
BROKER

Ivor Miskulin
Compass
1 deal$27M volume
BROKER

Suzanne Perkins
Compass
1 deal$27M volume
BROKER

Details

SOLD
IMAGE: Ellen DeGeneres, Ivor Miskulin & Suzanne Perkins DATE: 01/29/2019 MARKET: Montecito ASSET TYPE: SFR BUYER: Ellen DeGeneres BROKERS: Ivor Miskulin & Suzanne Perkins @Compass @CompassCalifornia PRICE: $27M SF: 8,188 ~ PPSF: $3,297

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$95,925.30
Cash-on-Cash Return-1.27%
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