facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Sale

/

14399 Princeton Avenue, Ven...

Updated Oct 29, 2024

MCA Realty Acquires Industrial And Office Building In Los Angeles For $7.5M
SOLDOffice

MCA Realty Acquires Industrial And Office Building In Los Angeles For $7.5M

14399 Princeton Avenue, Ventura, CA, USA

$7,500,000

$54/SF

Building Size

137,465 SF

Asset Type

Office

Closing

May 2, 2018

About this deal

AI

Two properties located at 14399 Princeton Ave and 14401 Abbot Kinney Blvd in Los Angeles have been sold in a recent transaction. The properties consist of an industrial building and an office building, with a total area of 137,465 square feet. The sale price for these properties was $7,500,000, resulting in a price per square foot of $54. The transaction took place in Ventura County.

Summary of transaction details

  • Property Type: Industrial and Office Building
  • Transaction Amount: $7,500,000
  • Address: 14399 Princeton Ave and 14401 Abbot Kinney Blvd, Los Angeles
  • Property Area: 137,465 square feet
  • Price Per Square Foot: $54
  • Market: Ventura County

MCA Realty, represented by Tyler Mattox, Jared Gordon, and Peter Cheng, acquired the properties from a private seller. The involvement of these individuals and their company adds a distinctive perspective to the transaction, showcasing their role as the buyer in this deal.

Players

PS
Private SellerSeller

Moorpark Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $54 per square foot on a published $7.5M for 137,465 square feet (2018).

Browse Moorpark office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets