Kathy Griffin Acquires Malibu SFR From Josh & Matt Altman For $8.8M
$8,800,000
$1,073/SF
Building Size
8,200 SF
Asset Type
Single Family
Closing
Dec 10, 2020
AI
Kathy Griffin purchased a single-family residential property in Malibu, California. The property spans approximately 8,200 square feet and was sold for a price of $8,800,000, resulting in a price per square foot of $1,073. The transaction took place on December 10, 2020.
Summary of transaction details
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $8,800,000
- Market: Malibu
- Square Footage: 8,200
- Buyer: Kathy Griffin
- Brokers: Josh Altman & Matt Altman - Douglas Elliman
The purchase was facilitated by Josh Altman and Matt Altman of Douglas Elliman, acting as Kathy Griffin's representatives for the deal. The property is located in the desirable Malibu market.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93