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Encino, Los Angeles, CA, USA

Deon Cole Purchases Encino SFR For $5.7M With Broker Paul Salazar - Hilton & Hyland
SOLDSingle Family Residence

Deon Cole Purchases Encino SFR For $5.7M With Broker Paul Salazar - Hilton & Hyland

Encino, Los Angeles, CA, USA

$5,700,000

$712/SF

Building Size

8,000 SF

Asset Type

Single Family Residence

Closing

Jul 26, 2021

AI

Deon Cole recently purchased a single-family residence (SFR) in Encino. The property, spanning 8,000 square feet, was sold for $5,700,000, resulting in a price per square foot of $712. Located in the vibrant market of Encino, this SFR offers a spacious living area and is sure to meet the needs of its new owner, Deon Cole.

Summary of Transation Details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $5,700,000
  • Square Footage: 8,000
  • Price Per Square Foot: $712
  • Market: Encino

Representing Deon Cole in this transaction was Paul Salazar from Hilton & Hyland, acting as the buyer's broker. With their expertise, Cole was able to secure this desirable property in Encino. This successful deal highlights the professionalism and effectiveness of Paul Salazar and the reputable Hilton & Hyland agency.

Players

Paul Salazar

Hilton & Hyland

Broker

$28.7M

vol

3 deals

Broker

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

2.78%

Cash-on-Cash

-0.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93