Edgar Ayrapetyan Purchases Mixed-use Property At 4110 Burbank Boulevard For $988,000
4110 Burbank Boulevard
$988,000
$407/SF
Building Size
2,422 SF
Asset Type
Mixed-use
Closing
Aug 12, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 4110 Burbank Boulevard in the Burbank market. The sale price of the asset was $988,000, encompassing a single unit with a total square footage of 2,422. The price per unit was recorded at $988,000 while the price per square foot stands at $407.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $988,000
- Address: 4110 Burbank Boulevard
- Market: Burbank
- Units: 1
- Square Footage: 2,422
- Price per Unit: $988,000
- Price per Square Foot: $407
- Buyer: Edgar Ayrapetyan
- Seller: Jon Simmons
- Broker Representatives: Zac Freehling & Tyler Farrar - Pacific Partners Real Estate Investments - KW Beverly Hills
The key individuals involved in this real estate deal include buyer Edgar Ayrapetyan and seller Jon Simmons. The brokerage represented in this transaction consists of Zac Freehling and Tyler Farrar from Pacific Partners Real Estate Investments, associated with KW Beverly Hills.
Players
Burbank 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
16.06%
Cash-on-Cash
-4.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93