George Clooney Sells Studio City Estate For $14.5 Million With Kurt Rappaport And Kevin Dees
$14,500,000
$1,971/SF
Building Size
7,354 SF
Asset Type
Single Family
Closing
Sep 23, 2024
AI
George Clooney sold his 7,354-square-foot estate located in Studio City for $14.5 million. The property spans 3.1 acres and includes six bedrooms, a pool, tennis court, and guest houses.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,500,000
- Square Footage: 7,354
- Price Per Square Foot: $1,972
- Market: Studio City
- Seller: George Clooney
- Buyer's Representative: Kevin Dees - Carolwood Estates
- Seller's Representative: Kurt Rappaport - Westside Estate Agency
The transaction saw Kevin Dees of Carolwood Estates represent the buyers while Kurt Rappaport of Westside Estate Agency handled the sale on behalf of the seller, George Clooney.
Players
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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93