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LL Cool J Sells Encino Home For $4.9M With Buyer’s Rep Jahi Johnson From EXP Realty

Property Image
SOLD
$4,900,000

California

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Single Family6,048 SF
Sold 12/11/2024
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Property Image
SOLD

LL Cool J Sells Encino Home For $4.9M With Buyer’s Rep Jahi Johnson From EXP Realty

15641 Meadowgate Road

See Similar Deals
Single Family6,048 SF
Sold 12/11/2024
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Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$810
Total Square Footage:6,048 SF
Transaction Type:Sale

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:

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.

Players

Joshua (Josh) Altman
42 deals$577M volume
BROKER

Deborah "Debbie" Bremner
Coldwell Banker
1 deal$4.9M volume(310) 800-2954
BROKER

Jahi Johnson
EXP Realty
1 deal$4.9M volume(747) 262-1046
BROKER

Details

SOLD
IMAGE: Jahi Johnson, LL Cool J, Deborah Bremner & Joshua Altman DATE: 12/11/2024 ADDRESS: 15641 Meadowgate Road MARKET: Encino ASSET TYPE: Single Family ~ ACRES: 0.43 SELLER: LL Cool J (@LLCoolJ) BUYER'S REP: Jahi Johnson - EXP Realty (@ExpRealty_) SELLER'S REP: Deborah Bremner (@My_solo_atlas) - Coldwell Banker (@ColdwellBanker); Joshua Altman (@TheJoshAltman) - Douglas Elliman (@DouglasElliman) SALE PRICE: $4,900,000 SF: 6,048 ~ PPSF: $810 NOTE: LL Cool J sold his Encino home in the Royal Oaks community for $4.9 million, below its original $6 million listing price. The buyer was represented by eXp Realty’s Jahi Johnson, while Douglas Elliman’s Josh Altman and Coldwell Banker Realty’s Deborah Bremner handled the listing.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,408.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,228.50
Annual Debt Service$278,742.00