Updated Mar 11, 2025
Parkview Financial Provides $28 Million Loan For Development Site In Woodland Hills, CA
6400 Canoga Avenue, Woodland Hills, California 91367, United States
$28,000,000
$217/SF
Building Size
128,586 SF
Asset Type
Development Site
Closing
Oct 3, 2022
About this deal
AI
Located at 6400 Canoga Avenue in Woodland Hills, CA, this development site spans 4.7 acres, with a building size of approximately 128,586 square feet.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $28,000,000
- Market: Woodland Hills, CA
- Lender: Parkview Financial - Paul Rahimian
- Landlord: Sandstone Properties
The loan for this transaction, provided by Parkview Financial and facilitated by Paul Rahimian, amounted to $28,000,000.
Note: Additional information regarding this deal is not available.The development site loan at 6400 Canoga Avenue, Woodland Hills, California 91367, United States in Los Angeles, California financed for $28M in 2022. The building is 128,586 square feet, implying about 217 per square foot on the published price. This page is the Los Angeles, California file for the 6400 Canoga Avenue, Woodland Hills, California 91367, United States development site financed: pricing, party profiles, and other closed development site comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles development site set by closing date to see what else financed near 6400 Canoga Avenue, Woodland Hills, California 91367, United States around 2022. Published consideration for 6400 Canoga Avenue, Woodland Hills, California 91367, United States is $28M, dated 2022. Cite this Parkview Financial Provides $28 Million Loan For Development Site In Woodland Hills, CA loan when underwriting similar development site product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93