Updated Dec 20, 2023
Brandon Michaels And Lior Regenstreif Acquire Office Property In Reseda For $10.7M
19231 Victory Boulevard, Reseda, CA 91335, USA
$10,700,000
$168/SF
Building Size
63,464 SF
Asset Type
Office
Closing
Aug 11, 2019
About this deal
AI
An office building located at 19231 Victory Blvd in Reseda has been sold for $10,700,000. The property spans a total of 63,464 square feet, resulting in a price per square foot of $168.60. The transaction was finalized on August 12, 2019.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $10,700,000
The sale of this office building was facilitated by Brandon Michaels and Lior Regenstreif. Brandon Michaels represents the buyer, while Lior Regenstreif represents the seller.
The office sale at 19231 Victory Boulevard, Reseda, CA 91335, USA in Reseda, California sold for $10.7M in 2019. The building is 63,464 square feet, implying about 168 per square foot on the published price. Brandon Michaels, Lior Regenstreif, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Reseda, California file for the 19231 Victory Boulevard, Reseda, CA 91335, USA office sold: pricing, party profiles, and other closed office comps from the same Reseda sit in the Market section below. Filter that Reseda office set by closing date to see what else sold near 19231 Victory Boulevard, Reseda, CA 91335, USA around 2019. Published consideration for 19231 Victory Boulevard, Reseda, CA 91335, USA is $10.7M, dated 2019. Cite this Brandon Michaels And Lior Regenstreif Acquire Office Property In Reseda For $10.7M sale when underwriting similar office product around Reseda, California.
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Reseda 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
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93