Nick Cannon Purchases Woodland Hills Home For $3.05M
23352 Califa Street
$3,050,000
$691/SF
Building Size
4,410 SF
Asset Type
Single Family
Closing
Feb 21, 2024
AI
A 4,410-square-foot single-family home in Woodland Hills, CA, was purchased by Nick Cannon for $3.05 million. The property features contemporary interiors with modern farmhouse vibes, including a music room and open kitchen, adding to Cannon's real estate portfolio alongside his New Jersey mansion.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,050,000
- Square Footage: 4,410
- Price Per Square Foot: $692
- Address: 23352 Califa Street
- Market: Woodland Hills
Nick Cannon, known for his Tubi show "Nick Cannon’s Big Drive," with celebrity guests like Rita Ora and Snoop Dogg, has expanded his property holdings with the acquisition of this suburban residence in Los Angeles.
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Woodland Hills Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93