Updated Dec 4, 2024
Frances Bean Cobain Sells Point Loma Home For $2.4M In San Diego
$2,450,000
$1,335/SF
Building Size
1,835 SF
Asset Type
Single Family
Closing
Oct 1, 2023
About this deal
AI
Frances Bean Cobain, daughter of Kurt Cobain and Courtney Love, has sold her Point Loma, California, home for $2.4 million. The single-family property was purchased by Frances Bean Cobain in 2021 for $2.3 million, allowing her to make a small profit from the sale after owning it for two years. The house spans 1,835 square feet and was sold at a price per square foot of $1,335. Located in San Diego's market, the property is situated in a desirable neighborhood in Point Loma.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,450,000
- Market: San Diego
- Square Footage: 1,835
- Price Per Square Foot: $1,335
Frances Bean Cobain enlisted the services of Christopher Peters and Cindy Peters from Real Estate 365 & Inc as her representatives in the sale. On the buyer's side, Ryan Switzer from EXP Realty acted as the buyer's representative. The transaction was successfully completed, allowing Frances Bean Cobain to move on from her Point Loma property. It is worth noting that Frances Bean Cobain recently purchased a slightly smaller property in Oceanside, San Diego, for a similar price after her marriage to Riley Hawk, the son of pro-skater Tony Hawk. The wedding ceremony was officiated by her godfather, Michael Stipe.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $2.5M for 1,835 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93