Updated Oct 29, 2024
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
About this deal
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.
On the Map
$3,650,000
$365/SF
Single Family Residence
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Calabasas Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $365 per square foot on a published $3.7M for 9,991 square feet (2023).
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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