Dr. Maher Al-Bouz Acquires Office Building On 14040 Ventura Blvd. For $1.8M
14040 Ventura Boulevard, Sherman Oaks, CA 91423
$1,800,000
$762/SF
Building Size
2,361 SF
Asset Type
Office
Closing
Dec 29, 2021
AI
Located at 14040 Ventura Blvd in Sherman Oaks, this office property was recently sold in a transaction on December 29, 2021. The property spans 2,361 square feet and is situated in a prime location in the Sherman Oaks market. The sale price for this office asset was $1,800,000, resulting in a price per square foot of $762.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,800,000
- Address: 14040 Ventura Blvd
- Market: Sherman Oaks
The buyer of this property is Dr. Maher Al-Bouz, while the seller is Zdenka Pintar. The transaction was facilitated by the Agnew Serling Group, represented by brokers Josh Yaris, Brad Wetherby, Ryan Serling, and Martin Agnew from Marcus & Millichap.
Players
Los Angeles 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93