Marta Kauffman Acquires $23.6M Oceanfront Home In Malibu From Mark Attanasio
31202 Broad Beach Road
$23,600,000
$7,068/SF
Building Size
3,339 SF
Asset Type
Single Family
Closing
Aug 31, 2023
AI
Marta Kauffman, co-creator of "Friends," has purchased a stunning oceanfront home in Malibu for $23.6 million. The property spans 0.89 acres and adds to her existing $16 million property, resulting in a total of 1.3 acres of beachfront land. The seller of this prestigious property is Mark Attanasio, the owner of the Milwaukee Brewers.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $23,600,000
- Market: Malibu
- Size: 3,339 square feet
- Price per Square Foot: $7,068
This significant real estate deal was facilitated by Marta Kauffman's representative, Ellen Francisco, from Coldwell Banker. Arielle Passy Attanasio acted as the seller's representative, representing Mark Attanasio, and is affiliated with Sotheby's International Realty.
Players
Malibu 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
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93