Abraham Katalan & Amir Golan Acquire Mixed-Use Property In Northridge For $18.7M
19401 Business Center Drive, Northridge, California 91324, United States
$18,700,000
$288/SF
Building Size
64,932 SF
Asset Type
Mixed-use
Closing
Jun 30, 2022
AI
A mixed-use property located at 19401 Business Ctr. Dr. in Northridge has been sold for a total of $18,700,000. The property spans across 64,932 square feet and was sold for an average price per square foot of $287.
Summary of transaction details:
- Property Type: Mixed-use
- Sale Price: $18,700,000
- Square Footage: 64,932
- Price per Square Foot: $287
- Date: 07/01/2022
The buyer of the property is Abraham Katalan & Amir Golan, while the seller is Amir Moghadam. Jeff Puffer from Delphi Business Properties Inc. represented the buyer, while Martin Agnew, Klyvia Iha, and Ryan Serling from Agnew-Serling Group, along with Filip Niculete and Glen Scher (LAAA Team), represented the seller in the transaction.
Players
Northridge Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93