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John Fogerty Sells Encino SFR For $7.975M With Brokers Jacob Greene, Josh Altman & Matt Altman
SOLDSingle Family

John Fogerty Sells Encino SFR For $7.975M With Brokers Jacob Greene, Josh Altman & Matt Altman

Encino

$7,975,000

$886/SF

Building Size

9,000 SF

Asset Type

Single Family

Closing

Aug 16, 2021

AI

A single-family residence (SFR) located in Encino has recently been sold. The property, spanning approximately 9,000 square feet, was sold for a total of $7,975,000, resulting in a price per square foot of $886. The sale took place on August 16, 2021, in the Encino market.

Summary of Transaction Details:

  • Property Type: SFR
  • Transaction Amount: $7,975,000
  • Square Footage: 9,000
  • Price Per Square Foot: $886
  • Market: Encino

The seller of this property was none other than John Fogerty, the renowned musician. The sale was facilitated by a team of brokers including Jacob Greene, Josh Altman, and Matt Altman. They played a crucial role in this transaction, representing both the seller and the buyer.

Players

Matthew Altman

Douglas Elliman

Broker

$512.6M

vol

34 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

1.99%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93