facebook
Traded Co logo
Submit

Zedd Acquires Joe Jonas & Sophie Turner's Encino SFR For $15.2M

Property Image
SOLD
$15,200,000
Carl Gambino
Ethan Peskowitz
+ 2

California

See Similar Deals
Single Family15,000 SF
Sold 10/14/2021
the dealplayerscompscontact
Property Image
SOLD

Zedd Acquires Joe Jonas & Sophie Turner's Encino SFR For $15.2M

Encino, Los Angeles, CA, USA

See Similar Deals
Single Family15,000 SF
Sold 10/14/2021
Carl Gambino
Ethan Peskowitz
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$1,013
Total Square Footage:15,000 SF
Transaction Type:Sale

Zedd has purchased a single-family home in Encino from Joe Jonas and Sophie Turner. The property, located on 0.89 acres of land, features a spacious 15,000 square feet of living space. The transaction took place on October 14, 2021, and was facilitated by real estate brokers Carl Gambino from Compass and Ethan Peskowitz and Fred Bernstein from Westside Estate Agency. The sale price for the property was $15,200,000, resulting in a price per square foot of $1,013.

Summary of transaction details

  • Property Type: Single-Family Home
  • Sale Price: $15,200,000
  • Market: Encino
  • Acreage: 0.89
  • Buyer: Zedd
  • Seller: Joe Jonas & Sophie Turner
  • Brokers: Carl Gambino - Compass; Ethan Peskowitz & Fred Bernstein - Westside Estate Agency

The purchase of this property in Encino marks a significant acquisition for Zedd. The transaction involved notable individuals and companies, including Joe Jonas and Sophie Turner as the sellers and real estate brokers Carl Gambino, Ethan Peskowitz, and Fred Bernstein. With its spacious living area and extensive land, this property presents a unique opportunity for Zedd to establish a stunning residence in the affluent neighborhood of Encino.

Players

Carl Gambino
38 deals$479.8M volume
BROKER

Ethan Peskowitz
Westside Estate Agency
6 deals$165.6M volume
BROKER

Fred Bernstein
Westside Estate Agency
6 deals$206.6M volume
BROKER

Details

SOLD
IMAGE: @Zedd, @JoeJonas & @SophieT DATE: 10/14/2021 MARKET: Encino ASSET TYPE: SFR ~ ACRES: 0.89 BUYER: Zedd SELLER: Joe Jonas & Sophie Turner BROKERS: Carl Gambino - Compass; Ethan Peskowitz & Fred Bernstein - Westside Estate Agency SALE PRICE: $15,200,000 SF: 15,000 ~ PPSF: $1,013

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$810,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$54,002.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$72,055.75
Annual Debt Service$864,669.06