Updated Dec 19, 2024
LL Cool J Sells Encino Home For $4.9M With Buyer’s Rep Jahi Johnson From EXP Realty
15641 Meadowgate Road
$4,900,000
$810/SF
Building Size
6,048 SF
Asset Type
Single Family
Closing
Dec 11, 2024
About this deal
AI
This single-family home located at 15641 Meadowgate Road in Encino has a sale price of $4,900,000. The property spans 6,048 square feet and sits on a 0.43-acre lot. Originally listed at $6 million, it was sold within the Royal Oaks community.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,900,000
- Address: 15641 Meadowgate Road
- Market: Encino
- Square Footage: 6,048
- Price per Square Foot: $810
- Seller: LL Cool J
- Buyer's Representative: Jahi Johnson - EXP Realty
- Seller's Representatives: Deborah Bremner - Coldwell Banker, Joshua Altman - Douglas Elliman
In this transaction, LL Cool J was the seller of the property, while the buyer was represented by Jahi Johnson from eXp Realty. The property was listed with representatives Deborah Bremner of Coldwell Banker and Joshua Altman of Douglas Elliman, who managed the sale process.
On the Map
$4,900,000
$810/SF
Single Family
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Encino Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93