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22736 Vanowen Street, West ...

Updated Oct 29, 2024

Bilt advertisement
Dunya Properties Acquires West Hills Office Building For $4.3M
SOLDOffice

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

About this deal

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

Jonathan Bruce

Lee & Associates

Broker

$35.7M

vol

3 deals

Broker

Los Angeles Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $286 per square foot on a published $4.3M for 15,025 square feet (2020).

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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

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