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7111 Grasswood Avenue

Kamala Harris And Doug Emhoff Purchase Malibu Home For $8.15 Million With Broker Chris Cortazzo
SOLDSingle Family

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

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:

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.

Players

Chris Cortazzo

Compass

Broker

$631.9M

vol

32 deals

Broker

Kamala Harris

Buyer

$2.6M

vol

2 deals

Buyer

Market 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

1.95%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93