Updated Sep 9, 2024
Brandon Sua Acquires Simi Valley Office Building From Mehran Nia For $7.3M
1445 E Los Angeles Ave, Simi Valley, CA 93065, USA
$7,300,000
$180/SF
Building Size
40,457 SF
Asset Type
Office
Closing
Jul 24, 2023
About this deal
AI
The office property located at 1445 East Los Angeles Avenue in Simi Valley has been sold in a transaction. The property spans a total area of 40,457 square feet and was sold for a price of $7,300,000, resulting in a price per square foot of $180.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $7,300,000
- Address: 1445 East Los Angeles Avenue
- Market: Simi Valley
- Square Footage: 40,457
The buyer in this transaction is Brandon Sua, while Mehran Nia acted as the seller. The deal was facilitated by brokers Josh Markowitz from Markowitz Commercial Real Estate Inc and Alex Ghatan from Skyline Property Group Inc.
On the Map
$7,300,000
$180/SF
Office
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93