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Encino, Los Angeles, CA, USA

Jhené Aiko Acquires Encino SFR For $3.4M
SOLDSingle Family Residence

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

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

Jhené Aiko

Buyer

$9.1M

vol

2 deals

Buyer

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