Michelle Pfeiffer And David E. Kelley Acquire $10.6M Pacific Palisades Mansion With Brokers Gary Glass & Cynthia Ambuehl
$10,625,000
$1,388/SF
Building Size
7,653 SF
Asset Type
Single Family
Closing
Oct 5, 2023
AI
Michelle Pfeiffer and David E. Kelley have purchased a 7,653-square-foot mansion in the Pacific Palisades Riviera for $10,625,000. The single-family property is situated on 0.38 acres and is located adjacent to Bill Cosby's home. The '90s-style mansion features a formal entryway, luxurious rooms, and a backyard with a vine-draped loggia, dining patio, and swimming pool.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $10,625,000
- Market: Pacific Palisades
- Acres: 0.38
The purchase of the mansion was facilitated by Gary Glass and Cynthia Ambuehl, brokers from AKG Christie's International Real Estate, who represented Michelle Pfeiffer and David E. Kelley in the deal.
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
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93