Arman Minasian/Narek Hakobyan Acquire Mixed-Use Property In Sun Valley For $4.375M
8131 San Fernando Road, Sun Valley, CA 91352, USA
$4,375,000
$204/SF
Building Size
21,439 SF
Asset Type
Mixed-use
Closing
Jun 24, 2020
AI
A mixed-use property located at 8131 - 8135 San Fernando Road in Sun Valley has been sold for a total price of $4,375,000. The transaction took place on June 24, 2021. The property spans 21,439 square feet, resulting in a price per square foot of $204.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,375,000
- Address: 8131 - 8135 San Fernando Road
- Market: Sun Valley
The buyer of the property is Arman Minasian/Narek Hakobyan, while the seller is Rajinder Mahil/Mok Singh. Leading the transaction were brokers Leor Binshtock, Benji Gribnau, and Jake Zacuto.
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
3.63%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93