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Dan Reynolds sells Malibu h...

Dan Reynolds Sells Malibu Oceanfront Mansion For $16.7M To John Vojtech And Luz Estela
SOLDSingle Family

Dan Reynolds Sells Malibu Oceanfront Mansion For $16.7M To John Vojtech And Luz Estela

$16,700,000

$3,085/SF

Building Size

5,413 SF

Asset Type

Single Family

Closing

Oct 26, 2023

AI

A Grammy-winning singer Dan Reynolds has sold his Malibu oceanfront mansion for $16.7 million, making a significant profit from the $11.3 million he paid three years ago. The property, which previously belonged to Goldie Hawn and Kurt Russell, is a Balinese-influenced single-family home situated on 0.41 acres. The mansion spans across 5,413 square feet and features eclectic furnishings that have been retained by the new buyers, John Vojtech and Luz Estela.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $16,700,000
  • Market: Malibu
  • Acres: 0.41

Representing the buyers, John Vojtech and Luz Estela, were Irene Dazzan-Palme and Sandro Dazzan from The Agency. The sellers, Dan Reynolds, were represented by Cindy Lorimer and Peter Lorimer from PLG Estates.

Players

Peter Lorimer

PLG Estates

Broker

$37M

vol

5 deals

Broker

John Vojtech

Buyer

$29.5M

vol

4 deals

Buyer

Dan Reynolds

Imagine Dragons

Seller

$22.5M

vol

2 deals

Seller

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

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93