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20631 Ventura Blvd, Woodlan...

Agnew, Serling & Schechter Sell Woodland Hills Office For $5.4M On Ventura Blvd
SOLDOffice

Agnew, Serling & Schechter Sell Woodland Hills Office For $5.4M On Ventura Blvd

20631 Ventura Blvd, Woodland Hills, CA, USA

$5,400,000

$235/SF

Building Size

22,966 SF

Asset Type

Office

Closing

Mar 7, 2019

AI

A 22,966 square feet office building located at 20631 Ventura Blvd in Woodland Hills has been sold for $5.4 million. The property was sold on 03/08/2019.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $5.4M
  • Address: 20631 Ventura Blvd
  • Market: Woodland Hills

Martin Agnew, Ryan Serling, and Steven Schechter represented the sellers in the transaction. They were assisted by Tilden Moschetti and Travis Albee from the Agnew Serling Group.

The sale was finalized at a price of $235 per square foot.

Players

Martin Agnew

Marcus & Millichap

Broker

$450M

vol

123 deals

Broker

Los Angeles 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

2.94%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93