Updated Dec 21, 2023
Canoga Park Office Building Sold For $5.2M With Brokers Janet Neman And Angelica Gotzev
19725 Sherman Way, Canoga Park, CA, USA
$5,200,000
$155/SF
Building Size
33,401 SF
Asset Type
Office
Closing
Mar 5, 2019
About this deal
AI
The office property located at 19717-19725 Sherman Way in Canoga Park has been sold for $5,200,000. The transaction took place on 03/06/2019 and involved a total of 33,401 square feet. The property is situated in a thriving market, making it an attractive asset for potential buyers.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $5,200,000
- Square Footage: 33,401
- Market: Canoga Park
- Selling Representatives: Janet Neman from @jneman.realestate and Angelica Gotzev from @angelicamarkovaa
Janet Neman from @jneman.realestate and Angelica Gotzev from @angelicamarkovaa were the brokers representing the parties involved in the transaction. Their expertise and negotiation skills played a significant role in successfully closing the deal. This sale exemplifies the strong demand for office spaces in Canoga Park and reflects positive market trends in the area.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93