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Encino, Los Angeles, CA, USA

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

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

Encino, Los Angeles, CA, USA

$15,200,000

$1,013/SF

Building Size

15,000 SF

Asset Type

Single Family

Closing

Oct 14, 2021

AI

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

Compass

Broker

$479.8M

vol

38 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

1.04%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93