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17960 Karen Drive, Encino, ...

Army Of Builders Sells Encino SFR On Karen Dr For $5.2M With The Agency's Reps
SOLDSingle Family Residence

Army Of Builders Sells Encino SFR On Karen Dr For $5.2M With The Agency's Reps

17960 Karen Drive, Encino, California 91316, United States

$5,249,000

$903/SF

Building Size

5,810 SF

Asset Type

Single Family Residence

Closing

Mar 7, 2022

AI

A single-family residential property located at 17960 Karen Dr in the market of Encino has been sold in a closed transaction. The property spans 5,810 square feet and was sold for a price of $5,249,000, resulting in a price per square foot of $903. The seller of the property was Ara Gemilyan, represented by Army of Builders. The sale of the property was facilitated by George Ouzounian and Gina Michelle, who served as the seller's representatives from The Agency.

Summary of transaction details:

  • Property Type: Single-Family Residential
  • Transaction Amount: $5,249,000
  • Address: 17960 Karen Dr
  • Market: Encino
  • Asset Type: SFR

George Ouzounian and Gina Michelle from The Agency played a key role in the transaction as the seller's representatives. Their expertise and guidance ensured a successful sale of the property. The involvement of Army of Builders, represented by Ara Gemilyan, further facilitated the transaction.

Players

George Ouzounian

The Agency

Broker

$66.3M

vol

10 deals

Broker

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93