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15464 Ventura Boulevard, Sh...

Robert Gantman & Valarie Pena-Gantman Acquire 2,012 SF Property On Ventura Boulevard For $2.7M
SOLDOffice

Robert Gantman & Valarie Pena-Gantman Acquire 2,012 SF Property On Ventura Boulevard For $2.7M

15464 Ventura Boulevard, Sherman Oaks, CA, USA

$2,700,000

$1,341/SF

Building Size

2,012 SF

Asset Type

Office

Closing

Nov 20, 2018

AI

The property located at 15464 Ventura Boulevard has been sold in a transaction that closed on November 21, 2018, as per the Instagram post by Elizabeth Clark & Sayeh Foroutan. The seller, Randall T Wallace Family, transferred the property to the buyers, Robert Gantman & Valarie Pena-Gantman, for a total price of $2,700,000. The property measures 2,012 square feet, resulting in a price per square foot of $1,342.

Summary of transaction details

  • Property Type: Sale
  • Transaction Amount: $2,700,000

Ash Joshi from Capital Realty Solutions represented the seller, Randall T Wallace Family, during the transaction. On the other hand, Elizabeth Clark @lalaclark4 & Sayeh Foroutan @sayehforoutan @compasscalifornia Commercial served as the buyer representatives.

Players

Sayeh Foroutan

Compass

Broker

$17.2M

vol

10 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93