Encino SFR Sold For $8.7M With Buyer's Rep Jennifer Akbari And Seller's Rep Gina Michelle, George Ouzounian & Dennis Chernov
SOLD
$8,695,000
California
See Similar DealsSingle Family Residence9,081 SF
Sold 04/09/2020
SOLD
Encino SFR Sold For $8.7M With Buyer's Rep Jennifer Akbari And Seller's Rep Gina Michelle, George Ouzounian & Dennis Chernov
16836 Marmaduke Place, Encino, CA, USA
See Similar DealsSingle Family Residence9,081 SF
Sold 04/09/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$957
Total Square Footage:9,081 SF
Transaction Type:Sale
A single-family residence located at 16836 Marmaduke Place in Encino has been sold for $8,695,000. The property spans 9,081 square feet, resulting in a price per square foot of $957. The sale took place on April 9, 2021, and was represented by Jennifer Akbari as the buyer's representative. Gina Michelle, George Ouzounian, and Dennis Chernov acted as the seller's representatives.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $8,695,000
- Address: 16836 Marmaduke Place, Encino
- Market: Encino
- Square Footage: 9,081
- Price per Square Foot: $957
The deal involved key individuals and companies, including Jennifer Akbari as the buyer's representative, and Gina Michelle, George Ouzounian, and Dennis Chernov as the seller's representatives. Their expertise and negotiations played a crucial role in the successful completion of the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$463,733.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,891.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,218.74
Annual Debt Service$494,624.83
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