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Annah Bach buys Encino home...

Annah Bach And Georg F. Hesselbach Acquire Single Family Home In Encino For $18M
SOLDSingle Family

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

Adi Livyatan

Rodeo Realty

Broker

$56.4M

vol

5 deals

Broker
JD
JVE DevelopmentSeller

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