Updated Mar 26, 2026
Mak Cabessa Of MAKS Enterprises Acquires Industrial Building In Canoga Park For $3.8M
Deering Avenue
$3,800,000
$294/SF
Building Size
12,900 SF
Asset Type
Industrial
Closing
Mar 19, 2026
About this deal
AI
Mak Cabessa of MAKS Enterprises has acquired a 12,900-square-foot industrial building at 805 Deering Avenue in Canoga Park for $3.8 million, translating to $295 per square foot. The property, built in 1973, will function as the headquarters for electronic automobile module warehousing.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,800,000
- Buyer: Mak Cabessa - MAKS Enterprises
- Seller: 8015 Deering LLC
- Buyer's Representative: Kevin Cooper - Delphi Business Properties Inc
- Seller's Representative: Dennis Marciniak - Daum Commercial Real Estate Services
- Square Footage: 12,900
- Price Per Square Foot: $295
The transaction was facilitated by Kevin Cooper representing the buyer MAKS Enterprises through Delphi Business Properties Inc, while Dennis Marciniak represented the seller 8015 Deering LLC through Daum Commercial Real Estate Services, both bringing their respective expertise to the deal.
On the Map
$3,800,000
$294/SF
Industrial
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Players
Canoga Park 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93