facebook
Traded Co logo
Submit

Ron Burkle's SFR In Toluca Lake Sold For $26M With Kevin Dees - The Agency

Property Image
SOLD
$26,000,000

California

See Similar Deals
Single Family Residence19,810 SF
Sold 03/10/2023
the dealplayerscompscontact
Property Image
SOLD

Ron Burkle's SFR In Toluca Lake Sold For $26M With Kevin Dees - The Agency

10346 Moorpark Street

See Similar Deals
Single Family Residence19,810 SF
Sold 03/10/2023
Contact now

Summary

CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,312
Total Square Footage:19,810 SF
Transaction Type:Sale

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

Kevin Dees
6 deals$100.1M volume(818) 414-3404
BROKER

Details

SOLD
IMAGE: Kevin Dees DATE: 03/10/2023 ADDRESS: 10346 Moorpark Street MARKET: Toluca Lake, Los Angeles ASSET TYPE: SFR SELLER: Ron Burkle BROKER: Kevin Dees (@Kevindees) - The Agency SALE PRICE: $26,000,000 SF: 19,810 ~ PPSF: $1,312 NOTE FROM BROKER: The sale is top 3 all time for the valley and all time for Toluca Lake by over 8m.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,386,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$92,372.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$123,253.26
Annual Debt Service$1,479,039.17