Updated Dec 21, 2023
Jhené Aiko Acquires Encino SFR For $3.4M
Encino, Los Angeles, CA, USA
$3,400,000
$970/SF
Building Size
3,505 SF
Asset Type
Single Family Residence
Closing
Dec 8, 2021
About this deal
AI
Jhené Aiko, the well-known artist, is the proud new owner of a single-family residence (SFR) in Encino's real estate market. The property, which was sold on August 12, 2021, features a total square footage of 3,505. The transaction closed at a sale price of $3,400,000, resulting in a price per square foot (PPSF) of $970.
Summary of Transaction Details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $3,400,000
- Square Footage: 3,505
- Market: Encino
Jhené Aiko's acquisition adds an impressive property to her portfolio. The deal was facilitated by her representative, however, specific details about the buyer's representative and the selling party were not provided.
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93