Captiva Partners, Avalon Investment Company & Westbrook Partners Acquire Mixed-Use Property In Moorpark For $38M
4561 Colorado Blvd, Los Angeles, CA 90039, USA
$38,000,000
$201/SF
Building Size
189,000 SF
Asset Type
Mixed-use
Closing
Jul 23, 2020
AI
The mixed-use property located at 4561 Colorado Boulevard in Moorpark has been sold for a price of $38,000,000. The property spans a total area of 189,000 square feet, resulting in a price per square foot of $201. The sale was finalized on July 24, 2020.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $38,000,000
The buyer of the property includes Captiva Partners, Avalon Investment Company, and Westbrook Partners. The seller, Western Studio Services, was represented by Scott and Mark Leonard. The transaction was facilitated by brokers Matt Dierckman, David Harding, Greg Geraci, and Billy Walk.
Players
Los Angeles 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
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93