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1601 Victory Boulevard

Andrew Zeytuntsyan Purchases Mixed-Use Property From Sean Caughron For $1.75 Million In Glendale
SOLDMixed-use

Andrew Zeytuntsyan Purchases Mixed-Use Property From Sean Caughron For $1.75 Million In Glendale

1601 Victory Boulevard

$1,750,000

$452/SF

Building Size

3,871 SF

Asset Type

Mixed-use

Closing

Aug 4, 2025

AI

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

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Glendale Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93