facebook

traded

+ Submit
Home

/

Deals

/

California

/

Single Family

/

Sale

/

Zedd Acquires Encino home f...

Zedd Acquires Luxury Encino Mansion Odin For $18.4M
SOLDSingle Family

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

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

Joshua Altman

Douglas Elliman

Broker

$577M

vol

42 deals

Broker
JD
JVE DevelopmentSeller

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

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