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14040 Ventura Boulevard, Sh...

Dr. Maher Al-Bouz Acquires Office Building On 14040 Ventura Blvd. For $1.8M
SOLDOffice

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

Martin Agnew

Marcus & Millichap

Broker

$450M

vol

123 deals

Broker

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