Ron Burkle's SFR In Toluca Lake Sold For $26M With Kevin Dees - The Agency
10346 Moorpark Street
$26,000,000
$1,312/SF
Building Size
19,810 SF
Asset Type
Single Family Residence
Closing
Mar 10, 2023
AI
The property involved in the transaction is a single-family home located at 10346 Moorpark Street in the Toluca Lake neighborhood of Los Angeles. The sale took place on March 10, 2023, and the property was sold for a total price of $26,000,000. The home spans a total area of 19,810 square feet, resulting in a price per square foot of $1,312. This sale is notable as it ranks among the top three all-time sales in the valley and the all-time highest sale in Toluca Lake by a margin of over $8 million.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $26,000,000
- Address: 10346 Moorpark Street, Toluca Lake, Los Angeles
- Market: Toluca Lake, Los Angeles
- Asset Type: SFR
The seller of the property is Ron Burkle. The broker involved in the transaction is Kevin Dees from The Agency, serving as Ron Burkle's representative.
Players
Market 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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93