Shahriar Rostami Purchases Office Property From Roy Bendor & Shlomo Dadon For $2.619M
SOLD
$2,619,000
California
See Similar DealsOffice4,500 SF
Sold 04/30/2025
SOLD
Shahriar Rostami Purchases Office Property From Roy Bendor & Shlomo Dadon For $2.619M
18709 Topham Street
See Similar DealsOffice4,500 SF
Sold 04/30/2025
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$582
Total Square Footage:4,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$139,680.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,304.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,415.40
Annual Debt Service$148,984.75
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