Updated Dec 21, 2023
Agoura Hills Office Building Sold For $4.75M By Marcus & Millichap
28348 Roadside Drive, Agoura Hills, CA 91301, USA
$4,750,000
$207/SF
Building Size
22,881 SF
Asset Type
Office
Closing
May 29, 2019
About this deal
AI
The property involved in this closed transaction is an office located at 28348 Roadside Dr in Agoura Hills. It was sold on 05/30/2019 for a total price of $4,750,000. The office has a total area of 22,881 square feet, resulting in a price per square foot of $207.59. The property consists of 11 units, with a price per unit of $429,545.45. The capitalization rate for this transaction is 1.98%.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,750,000
- Address: 28348 Roadside Dr, Agoura Hills
- Market: Agoura Hills
The sale of this office was facilitated by Filip Niculete, Glen Scher, Lonnie McDermott, and Brandon Michaels from Marcus & Millichap.
Players
Agoura Hills 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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93