facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$3,650,000

California

See Similar Deals
Single Family Residence9,991 SF
Sold 04/28/2023
the dealplayerscompscontact
Property Image
SOLD

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

Calabasas

See Similar Deals
Single Family Residence9,991 SF
Sold 04/28/2023
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$365
Total Square Footage:9,991 SF
Transaction Type:Sale

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
6 deals$32.4M volume
BROKER

Details

SOLD
IMAGE: Tommy Lee DATE: 04/28/2023 MARKET: Calabasas ASSET TYPE: Single Family SELLER: Tommy Lee - Motley Crue BROKER: Emil Hartoonian - The Agency SALE PRICE: $3,650,000 SF: 9,991 ~ PPSF: $365 NOTE: Motley Crue drummer Tommy Lee has sold his Calabasas mansion for $3.6 million, a loss from the $5.85 million he paid for it in 2007. The nearly 10,000-square-foot property features six bedrooms, eight bathrooms, a professional recording studio, a pool, city views, and an atrium with a retractable roof, among other amenities.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$194,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,967.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,302.86
Annual Debt Service$207,634.35