Sean Rad Acquires Industrial Asset At 6915-6921 Woodley Ave In Van Nuys For $4.31M
6915 Woodley Avenue
$4,306,000
$257/SF
Building Size
16,750 SF
Asset Type
Industrial
Closing
Jun 18, 2026
AI
This industrial asset located at 6915-6921 Woodley Ave in the Van Nuys market encompasses a total of 16,750 square feet. The property was sold for a transaction amount of $4,306,000, which equates to a price per square foot of $257.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,306,000
- Square Footage: 16,750
- Address: 6915-6921 Woodley Ave
- Market: Van Nuys
The buyer of the property is Sean Rad, while the seller is Dean Berkus. The transaction was facilitated by brokers Ryan Rothstein-Serling, Josh Yaris, and Martin Agnew, who represent the Agnew | Serling Group under Marcus & Millichap.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.68%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93