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7331 Deering Avenue

Updated Oct 12, 2026

Shawn Roofian Acquires Industrial Property In Canoga Park For $1,304,000 With Buyer's Rep Corey Breit & Leo Khechumyan
SOLDIndustrial

Shawn Roofian Acquires Industrial Property In Canoga Park For $1,304,000 With Buyer's Rep Corey Breit & Leo Khechumyan

7331 Deering Avenue

$1,304,000

$163/SF

Building Size

8,000 SF

Asset Type

Industrial

Closing

Oct 8, 2026

About this deal

AI

An industrial property located at 7331 Deering Avenue in Canoga Park has been sold for a total of $1,304,000. The property spans 8,000 square feet, resulting in a price per square foot of $163.

Summary of transaction details:

The transaction involved Shawn Roofian as the buyer and was represented by Corey Breit and Leo Khechumyan from Spectrum Commercial Real Estate. The sellers of the property were Pamela Warren and Linda Michael.

On the Map

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$1,304,000

$163/SF

Industrial

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Players

Leo Khechumyan

Spectrum Commercial Real Estate

Broker

$5.4M

vol

3 deals

Broker

Shawn Roofian

Buyer

$1.3M

vol

1 deal

Buyer

Pamela Warren

Seller

$1.3M

vol

1 deal

Seller
Bilt advertisement

Canoga Park Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $163 per square foot on a published $1.3M for 8,000 square feet (2026).

Visit Leo Khechumyan to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.16%

Cash-on-Cash

-3.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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