Updated Oct 28, 2024
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
About this deal
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
Los Angeles Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $903 per square foot on a published $5.2M for 5,810 square feet (2022).
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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