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31202 Broad Beach Road

Marta Kauffman Acquires $23.6M Oceanfront Home In Malibu From Mark Attanasio
SOLDSingle Family

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

Ellen Francisco

Broker

$70.3M

vol

3 deals

Broker

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