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15641 Meadowgate Road

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

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

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:

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 Altman

Douglas Elliman

Broker

$577M

vol

42 deals

Broker

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