Updated Oct 29, 2024
Cameron & Mariela Hubiak Acquire Universal City Office For $1.3M
3605 Cahuenga Boulevard, Los Angeles, CA, USA
$1,300,000
$589/SF
Building Size
2,206 SF
Asset Type
Office
Closing
Sep 4, 2019
About this deal
AI
A 2,206 square feet office property located at 3605 Cahuenga Blvd in Universal City has been sold for $1,300,000. The property, owned by 3605 Cahuenga Holdings, LLC, was purchased by Cameron & Mariela Hubiak. The sale was facilitated by Stacy Vierheilig-Fraser of Leela North Ventura Brokers.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,300,000
- Address: 3605 Cahuenga Blvd
- Market: Universal City
Cameron & Mariela Hubiak are the buyers of the office property, while 3605 Cahuenga Holdings, LLC serves as the seller. Stacy Vierheilig-Fraser represented the buyers in the transaction as their broker.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93