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18321 Ventura Blvd, Tarzana...

Updated Dec 20, 2023

Janet Neman And Angelica Gotzev Acquire Office Building On Ventura Blvd For $22M
SOLDOffice

Janet Neman And Angelica Gotzev Acquire Office Building On Ventura Blvd For $22M

18321 Ventura Blvd, Tarzana, The Golden State, USA

$22,000,000

$259/SF

Building Size

84,780 SF

Asset Type

Office

Closing

Jul 17, 2019

About this deal

AI

Located at 18321 Ventura Blvd in Tarzana, the property under discussion is an office space situated in the vibrant area known as The Ventura Corridor. This transaction took place on July 18, 2019, and was a sale with a total price of $22,000,000. The office space spans across 84,780 square feet, resulting in a price per square foot of $259.50.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $22,000,000
  • Address: 18321 Ventura Blvd
  • Market: Tarzana - The Ventura Corridor
  • Brokers: Janet Neman, Angelica Gotzev

Janet Neman and Angelica Gotzev served as the brokers in this deal, representing the respective parties involved. The transaction involved the sale of the office space, demonstrating the vibrant commercial real estate market in The Ventura Corridor.

Players

Janet Neman

Kidder Mathews

Broker

$511.2M

vol

29 deals

Broker

Tarzana Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $259 per square foot on a published $22M for 84,780 square feet (2019).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.72%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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