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655 Macculloch Drive

Evan Spiegel And Miranda Kerr Sell Brentwood Mansion For $16.1 Million With Brokers Duskin And Fenton
SOLDSingle Family

Evan Spiegel And Miranda Kerr Sell Brentwood Mansion For $16.1 Million With Brokers Duskin And Fenton

655 Macculloch Drive

$16,100,000

$2,247/SF

Building Size

7,164 SF

Asset Type

Single Family

Closing

Sep 19, 2024

AI

The property involved in this transaction is a single-family home located at 655 Macculloch Drive, situated in the Brentwood market. The asset spans approximately 0.8 acres and has a total square footage of 7,164. The sale was finalized at a price of $16,100,000, which translates to a per square foot price of $2,247.

Summary of transaction details:

The seller, Evan Spiegel, who is the CEO of Snapchat, originally purchased the residence for $12 million in 2016. This sale follows a price reduction from $19.95 million to $17.75 million earlier in July 2024. The couple's focus has shifted towards selling another property, having recently acquired a new compound in Los Angeles valued at $120 million.

Players

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 deals

Broker

Los Angeles 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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93