Dunya Properties Acquires West Hills Office Building For $4.3M
22736 Vanowen Street, West Hills, CA 91307, USA
$4,300,000
$286/SF
Building Size
15,025 SF
Asset Type
Office
Closing
Mar 17, 2020
AI
An office building located at 22736 Vanowen St in West Hills, San Fernando Valley, was sold for $4,300,000. The property encompasses 15,025 square feet and has a price per square foot of $286.19.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,300,000
- Address: 22736 Vanowen St
- Market: West Hills, San Fernando Valley
- Square Footage: 15,025
- Price per Square Foot: $286.19
Dunya Properties acquired the office building from Fields Investments. The sale was facilitated by Jared Smits and Jonathan Bruce from Lee & Associates LA North/Ventura, who represented the seller. This transaction took place on 03/18/2020.
Players
Los Angeles Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93