Updated Sep 2, 2026
Kamala Harris And Doug Emhoff Purchase Malibu Home For $8.15 Million With Broker Chris Cortazzo
$8,150,000
$2,037/SF
Building Size
4,000 SF
Asset Type
Single Family
Closing
Jan 2, 2026
About this deal
AI
The property involved in the transaction is a single-family home located in Malibu, specifically in the Point Dume area. It consists of four bedrooms and spans 4,000 square feet. The selling price of the residence was $8,150,000, translating to a price per square foot of $2,038. The home was built in 1979 and is situated on approximately three-quarters of an acre in one of Malibu's exclusive neighborhoods.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,150,000
- Square Footage: 4,000
- Price Per Square Foot: $2,038
- Buyer: Kamala Harris & Doug Emhoff
- Broker: Chris Cortazzo - Compass
Kamala Harris and Doug Emhoff, former Vice President and her husband, upgraded from their residence in Brentwood with this purchase. The transaction was facilitated by broker Chris Cortazzo from Compass, who represented the listing in this exclusive deal.
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $2K per square foot on a published $8.2M for 4,000 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.95%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93