Andrew Zeytuntsyan Purchases Mixed-Use Property From Sean Caughron For $1.75 Million In Glendale
SOLD
$1,750,000
California
See Similar DealsMixed-use3,871 SF
Sold 08/04/2025
SOLD
Andrew Zeytuntsyan Purchases Mixed-Use Property From Sean Caughron For $1.75 Million In Glendale
1601 Victory Boulevard
See Similar DealsMixed-use3,871 SF
Sold 08/04/2025
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$452
Total Square Footage:3,871 SF
Transaction Type:Sale
The mixed-use property located at 1601 Victory Boulevard in Glendale was sold for $1,750,000. The building spans a total of 3,871 square feet, resulting in a price per square foot of $452.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,750,000
- Address: 1601 Victory Boulevard
- Market: Glendale
- Square Footage: 3,871
- Price Per Square Foot: $452
- Buyer: Andrew Zeytuntsyan
- Seller: Sean Caughron
- Brokers: Brandon Michaels & Emin Gabrimassihi - Marcus & Millichap
The transaction involved notable individuals including Andrew Zeytuntsyan as the buyer and Sean Caughron as the seller. The brokers facilitating the deal were Brandon Michaels and Emin Gabrimassihi from Marcus & Millichap, who played a key role in the transaction process.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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