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4000 Ballina Drive

Pennywise Properties Acquires Single Family Home In Encino For $8.45M With Raquel Sperling As Seller's Rep
SOLDSingle Family Residence

Pennywise Properties Acquires Single Family Home In Encino For $8.45M With Raquel Sperling As Seller's Rep

4000 Ballina Drive

$8,995,000

$1,011/SF

Building Size

8,889 SF

Asset Type

Single Family Residence

Closing

Jul 7, 2026

AI

The property asset involved in the transaction is located at 4000 Ballina Drive in Encino. This single-family home boasts a sale price of $8,450,000 and encompasses 8,889 square feet, resulting in a price per square foot of $951.

Summary of transaction details:

The transaction involves key individuals, including James Harris and Alexis Perry representing the buyer, Pennywise Properties, through Carolwood Estates. Raquel Sperling represents the seller, Comstock, via Rodeo Realty, facilitating the closing of this sale.

Players

James Harris

Carolwood Estates

Broker

$578.7M

vol

33 deals

Broker
Pennywise Properties
Pennywise PropertiesBuyer

Encino Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93