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:
- Property Type: Single Family
- Transaction Amount: $8,450,000
- Address: 4000 Ballina Drive
- Market: Encino
- Square Footage: 8,889
- Price per Square Foot: $951
- Buyer: Pennywise Properties
- Seller: Comstock
- Buyer's Representative: James Harris & Alexis Perry - Carolwood Estates
- Seller's Representative: Raquel Sperling - Rodeo Realty
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
Encino 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93