Nick Lachey And Vanessa Lachey Acquire Encino Home For $6.79M With Craig Knizek As Buyer's Rep
17228 Otsego Street
$6,795,000
$818/SF
Building Size
8,300 SF
Asset Type
Single Family
Closing
Jul 2, 2024
AI
The property involved in this transaction is a single-family home located at 17228 Otsego Street in the Encino market. The asset encompasses 0.42 acres and boasts a total square footage of 8,300. The sale price for the property was $6,795,000, translating to a price per square foot of $819.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,795,000
- Address: 17228 Otsego Street
- Market: Encino
- Square Footage: 8,300
- Price Per Square Foot: $819
- Buyers: Nick Lachey & Vanessa Lachey
- Buyer's Representative: Craig Knizek - The Agency
- Seller's Representatives: Danielle Peretz & Oran Peretz - The Beverly Hills Estates
Nick and Vanessa Lachey are returning to California following the cancellation of "NCIS: Hawaii." They have acquired a farmhouse-style home as they transition back into hosting roles. Their previous Hawaii property, purchased in 2022, is currently listed for sale at $9.75 million.
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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93