Shahriar Rostami Purchases Office Property From Roy Bendor & Shlomo Dadon For $2.619M
18709 Topham Street
$2,619,000
$582/SF
Building Size
4,500 SF
Asset Type
Office
Closing
Apr 30, 2025
AI
The asset involved in this transaction is an office property located at 18709 Topham Street in Tarzana. The sale was completed for a total price of $2,619,000, with the property encompassing 4,500 square feet. The price per square foot for the transaction was calculated at $582.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $2,619,000
- Address: 18709 Topham Street
- Market: Tarzana
- Square Footage: 4,500
- Price per Square Foot: $582
- Buyer: Shahriar Rostami
- Seller: Roy Bendor & Shlomo Dadon
- Seller's Representative: Martin Agnew, Ryan Rothstein-Serling & Jason Tuvia - Agnew | Serling Group - Marcus & Millichap
Shahriar Rostami acted as the buyer in this transaction, while the sellers, Roy Bendor and Shlomo Dadon, were represented by Martin Agnew, Ryan Rothstein-Serling, and Jason Tuvia from the Agnew | Serling Group, a division of Marcus & Millichap.
Players
Tarzana 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
6.06%
Cash-on-Cash
-1.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93