SAG-AFTRA Acquires Office Property In Valley Village For $46.6M
SOLD
$46,600,000
California
See Similar DealsOffice63,000 SF
Sold 03/31/2023
SOLD
SAG-AFTRA Acquires Office Property In Valley Village For $46.6M
12020 Chandler Blvd Valley Village, CA 91607, USA
See Similar DealsOffice63,000 SF
Sold 03/31/2023
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$739
Total Square Footage:63,000 SF
Transaction Type:Sale
The office building located at 12020 Chandler Boulevard in Valley Village was sold for a transaction amount of $46,600,000. The property spans across 63,000 square feet, resulting in a price per square foot of $740. The sale was completed on 03/31/2023.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $46,600,000
- Address: 12020 Chandler Boulevard
- Market: Valley Village
The buyer of the property was SAG-AFTRA, while the seller was Jamison Properties. The brokers involved in the deal were Kevin Donner and Benjamin Lushing from Newmark, along with Arlene Sommer from Cushman & Wakefield.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,485,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$165,559.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$220,907.77
Annual Debt Service$2,650,893.29
Is there something missing? Send suggestions