Eric Pogosyan And Valter Malkasyan Acquire Mixed-Use Property In North Hollywood For $2.4M
5318 Laurel Canyon Boulevard
$2,400,000
$415/SF
Building Size
5,775 SF
Asset Type
Mixed-use
Closing
Dec 24, 2025
AI
A mixed-use property located at 5318 Laurel Canyon Boulevard in North Hollywood sold for $2,400,000. The asset spans 5,775 square feet, resulting in a price per square foot of $415.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,400,000
- Buyer: Eric Pogosyan & Valter Malkasyan
- Seller: Nico Landinez
- Broker: Matthew Luchs - Zacuto Group
- SF: 5,775
- PPSF: $415
- Sale Date: 12/24/2025
- Notes: Sold $50,000 above List Price; Sold to an Owner-User Buyer to use for their Law Office; Generated Multiple Offers within 1 day of starting our Marketing Campaign; 21-Day Due Diligence; 45-Day Closing; No Financing Contingency; Overcame Multiple Escrow Hurdles; Marketing efforts generated 22,357 buyer views within a day of marketing.
The deal involved Eric Pogosyan and Valter Malkasyan as buyers, while Nico Landinez was the seller. Matthew Luchs from Zacuto Group represented the seller in this transaction.
Players
Valley Village 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93