Updated Dec 4, 2024
Zedd Acquires Luxury Encino Mansion Odin For $18.4M
$18,400,000
$1,051/SF
Building Size
17,500 SF
Asset Type
Single Family
Closing
Nov 28, 2023
About this deal
AI
DJ and producer Zedd has purchased the luxury Encino mansion "Odin" for $18.4 million. The 18,000-square-foot Scandinavian-inspired home, listed for around $23 million in June, includes a 1-acre lot, Nordic design, and amenities like a junior Olympic-sized pool and a bowling alley.
Summary of Transaction Details
- Property Type: Single Family
- Transaction Amount: $18,400,000
- Market: Encino
Zedd bought the "Odin" mansion from JVE Development, represented by Joseph Peretz. Zedd's representatives in the deal were Andrew Buss from Hilton & Hyland and David Kramer from Hilton & Hyland. On the other hand, Joshua Altman from Douglas Elliman and Sally Forster Jones from Compass represented JVE Development.
Players
Market 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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93