Updated Sep 9, 2024
Dr. Jeremy Schweitzer Acquires Office Building At 3212 Loma Vista Road In Ventura For $3.195M
3212 Loma Vista Rd Ventura, CA 93003, USA
$3,195,000
$325/SF
Building Size
9,830 SF
Asset Type
Office
Closing
Jun 5, 2023
About this deal
AI
The office property located at 3212 Loma Vista Road in Ventura has been sold in a transaction. The property spans across 9,830 square feet and was sold for a total of $3,195,000, resulting in a price per square foot of $325. The sale took place on 06/05/2023.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,195,000
- Square Footage: 9,830
- Price Per Square Foot: $325
- Address: 3212 Loma Vista Road, Ventura
- Buyer: Dr. Jeremy Schweitzer
- Seller: Mr. Albert Ahdoot
- Brokers: Ryan Serling, Aaron Goodman & Martin Agnew - Marcus & Millichap
The deal was facilitated by the brokers Ryan Serling, Aaron Goodman, and Martin Agnew from Marcus & Millichap. They represented both the buyer, Dr. Jeremy Schweitzer, and the seller, Mr. Albert Ahdoot, in this transaction.
Players
Los Angeles 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93