SOLDOffice
Woodland Hills Office Property Sold For $11.6M With Brandon Michaels & Lonnie McDermott As Brokers
21300 Oxnard Street, Woodland Hills, CA 91367, USA
$11,600,000
$313/SF
Building Size
37,000 SF
Asset Type
Office
Closing
Jun 26, 2019
AI
A 37,000 square foot office space located at 21300 Oxnard St in Woodland Hills was recently sold for $11,600,000. The property, represented by Brandon Michaels and Lonnie McDermott, was sold on June 27, 2019.
Summary of transation details
- Property Type: Office
- Transaction Amount: $11,600,000
- Square Footage: 37,000
- Price Per Square Foot: $313.51
- Address: 21300 Oxnard St, Woodland Hills
Brandon Michaels and Lonnie McDermott were the brokers involved in the transaction.
Players
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
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93