Michael Onyemaobi Of Compass O Street Group Sells Creative Industrial Asset In Canoga Park For $4.85M

The property asset involved in this transaction is an industrial asset located at 20938 Osborne Street in Canoga Park, Los Angeles. The sale price of the property was $4,850,000, encompassing a total square footage of 20,038. The price per square foot is calculated at $242.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,850,000
• Address: 20938 Osborne Street
• Market: Canoga Park
• Square Footage: 20,038
• Price per Square Foot: $242
• Buyer's Representative: Michael Onyemaobi - Compass - O Street Group
• Lender: Zak Karzi - LendMe

This transaction was facilitated by Michael Onyemaobi of Compass’s O Street Group, which emphasizes the group's involvement in closing the sale of this creative industrial asset. The previous use of this property as a hub for Kevin Hart’s HartBeat Studios highlights its relevance within the media and creative sectors of the San Fernando Valley.