Updated Oct 29, 2024
Infinity Healthcare Solutions INC Acquires Office Property In Van Nuys For $1.5M
14550 Archwood Street, Van Nuys, CA, USA
$1,525,000
$372/SF
Building Size
4,095 SF
Asset Type
Office
Closing
Dec 29, 2020
About this deal
AI
The office property located at 14550 Archwood St in Van Nuys has been sold for $1,525,000. The property spans 4,095 square feet, resulting in a price per square foot of $372. The transaction took place on December 30, 2020.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,525,000
- Address: 14550 Archwood St
- Market: Van Nuys
- Buyer: Infinity Healthcare Solutions INC
- Seller: 14550 Archwood LLC
- Buyer's Rep: Klyvia Iha, Ryan Serling & Martin Agnew of Agnew Serling Group - Marcus & Millichap
- Seller's Rep: Chris Richards of Told Partners
The buyer's representatives in this deal were Klyvia Iha, Ryan Serling, and Martin Agnew from Agnew Serling Group at Marcus & Millichap. On the other hand, Chris Richards represented the seller, Told Partners. This transaction showcases the active real estate market in Van Nuys and highlights the demand for office spaces in the area.
On the Map
$1,525,000
$372/SF
Office
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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
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93