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Calabasas

Tommy Lee Sells Calabasas Mansion For $3.6M With Seller's Rep Emil Hartoonian - The Agency
SOLDSingle Family Residence

Tommy Lee Sells Calabasas Mansion For $3.6M With Seller's Rep Emil Hartoonian - The Agency

Calabasas

$3,650,000

$365/SF

Building Size

9,991 SF

Asset Type

Single Family Residence

Closing

Apr 28, 2023

AI

Musician Tommy Lee, known as the drummer for Motley Crue, has sold his Calabasas mansion for $3.6 million. The property, which spans nearly 10,000 square feet, features six bedrooms, eight bathrooms, and a range of amenities. These include a professional recording studio, a pool, city views, and an atrium with a retractable roof. The sale marks a loss for Lee, who had purchased the property for $5.85 million in 2007.

Summary of Transaction Details

  • Property Type: Single Family
  • Sale Price: $3,650,000

Representing Tommy Lee in the sale was broker Emil Hartoonian from The Agency.

Players

Emil Hartoonian

The Agency

Broker

$32.4M

vol

6 deals

Broker

Tommy Lee

Seller

$7.8M

vol

2 deals

Seller

Calabasas 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

4.35%

Cash-on-Cash

-1.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93