facebook

traded

+ Submit
Home

/

Deals

/

California

/

Mixed Use

/

Sale

/

19401 Business Center Drive...

Abraham Katalan & Amir Golan Acquire Mixed-Use Property In Northridge For $18.7M
SOLDMixed-use

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

Filip Niculete

Marcus & Millichap

Broker

$788.2M

vol

198 deals

Broker

Amir Moghadam

Seller

$18.7M

vol

2 deals

Seller

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