Annah Bach And Georg F. Hesselbach Acquire Single Family Home In Encino For $18M
SOLD
$18,000,000
National
See Similar DealsSingle Family19,500 SF
Sold 01/13/2023
SOLD
Annah Bach And Georg F. Hesselbach Acquire Single Family Home In Encino For $18M
Single Family19,500 SF
Sold 01/13/2023
Summary
Asset Type:Single Family
Price Per Square Foot:$923
Total Square Footage:19,500 SF
Transaction Type:Sale
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
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$960,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20
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