Updated Dec 21, 2023
Micha Oh Acquires Office Building In Santa Clara For $7.5M
3150 El Camino Real, Santa Clara, California 95051, United States
$7,500,000
$491/SF
Building Size
15,264 SF
Asset Type
Office
Closing
Jun 2, 2022
About this deal
AI
An office building located at 3150 El Camino Real in Santa Clara, CA has been sold in a transaction that closed on 06/03/2022. The property spans 15,264 square feet and was sold for a total price of $7,500,000, resulting in a price per square foot of $491.
Summary of transation details
- Property Type: Office Building
- Transaction Amount: $7,500,000
- Address: 3150 El Camino Real, Santa Clara, CA
- Square Footage: 15,264
- Price per Square Foot: $491
The buyer in this transaction is Micha Oh, while John Hak Chang and Jung Ja Chang are the sellers.
Players
Santa Clara 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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93