Annah Bach And Georg F. Hesselbach Acquire Single Family Home In Encino For $18M
$18,000,000
$923/SF
Building Size
19,500 SF
Asset Type
Single Family
Closing
Jan 13, 2023
AI
This single-family property located in Encino was recently sold for $18,000,000. With a total square footage of 19,500, the property boasts an impressive price per square foot of $923. The transaction took place on January 13, 2023.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $18,000,000
- Square Footage: 19,500
- Price per Square Foot: $923
- Market: Encino
The buyer of this property was Annah Bach, a Fashion Entrepreneur, along with Georg F. Hesselbach from Interpane. The seller was JVE Development. The deal was facilitated by two brokers, Adi Livyatan from Rodeo Realty and Sally Forster Jones from Compass.
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93