Mookie Betts Acquires $14.95M Encino Home With Modern Design And Spacious Grounds
16281 Dorilee Lane
$14,950,000
$1,611/SF
Building Size
9,278 SF
Asset Type
Single Family
Closing
Dec 1, 2023
AI
A MLB star player, Mookie Betts, has purchased a single-family home in Encino, located near Dodger Stadium. The modern-designed property is situated on 2.15 acres of land, providing spacious grounds.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $14,950,000
- Address: 16281 Dorilee Lane, Encino
- Market: Encino
- Buyer: Mookie Betts
- Buyer's Representative: Aaron Kirman & Morgan Trent - Christie's International Real Estate
- Seller's Representative: Craig Knizek & Scott Gorelick - The Agency
- SF: 9,278
- Price Per Square Foot: $1,611
The real estate agents involved in facilitating the transaction were Aaron Kirman, Morgan Trent from Christie's International Real Estate, and Craig Knizek, Scott Gorelick from The Agency. The deal to purchase the $14,950,000 million property was successfully closed.
It's worth noting that Mookie Betts, known for his exceptional baseball career, has made a significant investment in the Encino area, acquiring this luxurious home.
Players
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93