Updated Oct 29, 2024
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
About this deal
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.
On the Map
$12,500,000
$1,016/SF
Single Family Residence
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Players
Encino Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $12.5M for 12,300 square feet (2022).
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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