Updated Sep 9, 2024
Big Sean Acquires Encino SFR For $8.1M With Brokers Paul Coleman, James Harris & Alex Vichinsky
Encino, Los Angeles, CA, USA
$8,100,000
$748/SF
Building Size
10,829 SF
Asset Type
Single Family
Closing
Oct 12, 2021
About this deal
AI
A single-family residential (SFR) property located in Encino has been sold for a price of $8,100,000. This property spans across 0.37 acres and offers a total area of 10,829 square feet. The sale price per square foot (PPSF) stands at $747.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,100,000
- Market: Encino
- Total Area: 10,829 square feet
- Price per Square Foot: $747
The buyer of this property is Big Sean, a well-known personality. The transaction was facilitated by brokers Paul Coleman, James Harris, and Alex Vichinsky from The Agency. Their expertise and negotiation skills played a significant role in the successful completion of this deal.
Players
Encino Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $748 per square foot on a published $8.1M for 10,829 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93