Updated Dec 21, 2023
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.
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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