Brandon Michaels And Lior Regenstreif Acquire Office Property In Reseda For $10.7M
SOLD
$10,700,000
California
See Similar DealsOffice63,464 SF
Sold 08/12/2019
SOLD
Brandon Michaels And Lior Regenstreif Acquire Office Property In Reseda For $10.7M
19231 Victory Boulevard, Reseda, CA 91335, USA
See Similar DealsOffice63,464 SF
Sold 08/12/2019
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$168
Total Square Footage:63,464 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$570,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$38,014.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$50,723.46
Annual Debt Service$608,681.51
Is there something missing? Send suggestions