Updated Oct 28, 2024
Peregrine Realty Partners Acquires Woodland Hills Office Building For $34.4M
20750 Ventura Blvd, Woodland Hills, Los Angeles, Woodland Hills, CA, USA
$34,400,000
$232/SF
Building Size
148,200 SF
Asset Type
Office
Closing
Oct 17, 2018
About this deal
AI
A 148,200 square foot office building located at 20750 Ventura Blvd in Woodland Hills, LA has been sold for a total price of $34,400,000. The property was recently purchased by Peregrine Realty Partners from Guggenheim Investments. The sale equates to a price per square foot of $232.
Summary of transaction details:
- Property Type: Office building
- Transaction Amount: $34,400,000
- Address: 20750 Ventura Blvd
- Market: Woodland Hills
- City: LA
The buyers, Peregrine Realty Partners, successfully acquired the property from the sellers, Guggenheim Investments. Stephen Zotovich and Jerry Miller were involved in the transaction as representatives.
On the Map
$34,400,000
$232/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93