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23352 Califa Street

Nick Cannon Purchases Woodland Hills Home For $3.05M
SOLDSingle Family

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.

Players

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