facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family

/

Sale

/

Kathy Griffin buys Malibu h...

Kathy Griffin Acquires Malibu SFR From Josh & Matt Altman For $8.8M
SOLDSingle Family

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

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 deals

Broker

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