Laura Meldere Of Beverly & Company Represents Development Site Sale In Panorama City For $2.74M
8222 Sepulveda Place
$2,741,000
Building Size
—
Asset Type
Development Site
Closing
Mar 21, 2025
AI
The property asset involved in the transaction is a development site located at 8222 Sepulveda Place in Panorama City. The sale price of the property is $2,741,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,741,000
- Address: 8222 Sepulveda Place
- Market: Panorama City
- Broker: Laura Meldere - Beverly & Company
Key individuals involved in the deal include Laura Meldere, representing the broker Beverly & Company. This transaction highlights the engagement of a professional brokerage in real estate development opportunities within the market area.
Players
Panorama City Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.79%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93