Michael B. Jordan Acquires Encino SFR For $12.5M With Buyer's Rep Dennis Chernov
Encino, California, United States
$12,500,000
$1,016/SF
Building Size
12,300 SF
Asset Type
Single Family Residence
Closing
May 25, 2022
AI
Michael B. Jordan, known for his roles in movies like "Black Panther," recently purchased a single-family residence (SFR) in Encino. The property spans approximately 0.5 acres and boasts a total area of 12,300 square feet. The transaction took place on May 25, 2022, with a sale price of $12,500,000. The price per square foot (PPSF) comes out to $1,016.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,500,000
- Market: Encino
- Acres: 0.5
In this deal, Michael B. Jordan served as the buyer. He made the purchase through his social media account, @blackpanther. The transaction was facilitated by broker Dennis Chernov from The Agency, as Michael B. Jordan's representative.
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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93