Updated Dec 21, 2023
Amado De Guzman Acquires Office Building In Sunnyvale For $3.58M
1310 Hollenbeck Avenue, Sunnyvale, California 94087, United States
$3,580,000
$714/SF
Building Size
5,012 SF
Asset Type
Office
Closing
Mar 3, 2022
About this deal
AI
The office located at 1310 Hollenbeck Ave in Sunnyvale, CA was recently sold in a transaction that took place on 03/04/2022. The property spans an area of 5,012 square feet and was sold for a price of $3,580,000, resulting in a price per square foot of $714.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,580,000
- Address: 1310 Hollenbeck Ave
- Market: Sunnyvale, CA
- Buyer: Amado De Guzman
- Seller: Joel Meyer
- Square Footage: 5,012
- Price per Square Foot: $714
Amado De Guzman acted as the buyer in this transaction, while Joel Meyer took on the role of the seller.
Players
Sunnyvale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.43%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93