Updated Oct 29, 2024
Suri Properties LLC Acquires Medical Office In Van Nuys For $1.4M
14342 Victory Blvd, Van Nuys, CA, USA
$1,400,000
$499/SF
Building Size
2,804 SF
Asset Type
Office
Closing
Apr 19, 2021
About this deal
AI
A medical office located at 14342 Victory Blvd in Van Nuys has been sold. The property was purchased by Suri Properties LLC from the Balderrama Family Trust. The transaction took place on April 20, 2021. The property was listed for sale at an asking price of $1,400,000 and was sold for the same amount. The medical office spans 2,804 square feet, resulting in a price per square foot of $499.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $1,400,000
The buyer, Suri Properties LLC, was represented by Blayne Pacelli. The seller, Balderrama Family Trust, was represented by Josh Yaris, Brad Wetherby, Martin Agnew, and Ryan Serling of the Agnew Serling Group.
On the Map
$1,400,000
$499/SF
Office
View full map
Players
Los Angeles Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Ryan Rothstein-Serling to view all their deals.
Browse Los Angeles office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93