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21300 Oxnard Street, Woodla...

Updated Dec 21, 2023

Bilt advertisement
Woodland Hills Office Property Sold For $11.6M With Brandon Michaels & Lonnie McDermott As Brokers
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

About this deal

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.

The office sale at 21300 Oxnard Street, Woodland Hills, CA 91367, USA in Los Angeles, California sold for $11.6M in 2019. The building is 37,000 square feet, implying about 313 per square foot on the published price. Brandon Michaels, Lonnie Mcdermott, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Los Angeles, California file for the 21300 Oxnard Street, Woodland Hills, CA 91367, USA office sold: pricing, party profiles, and other closed office comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles office set by closing date to see what else sold near 21300 Oxnard Street, Woodland Hills, CA 91367, USA around 2019. Published consideration for 21300 Oxnard Street, Woodland Hills, CA 91367, USA is $11.6M, dated 2019. Cite this Woodland Hills Office Property Sold For $11.6M With Brandon Michaels & Lonnie McDermott As Brokers sale when underwriting similar office product around Los Angeles, California.

Players

Brandon Michaels

Marcus & Millichap

Broker

$763.3M

vol

142 deals

Broker

Los Angeles Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $313 per square foot on a published $11.6M for 37,000 square feet (2019).

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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

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