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402 West Ojai Avenue

Peter Golden Acquires Office Building At 402 West Ojai Avenue For $2,600,000 With Brokers Floyd Shaheen And Jeffrey Becker
SOLDOffice

Peter Golden Acquires Office Building At 402 West Ojai Avenue For $2,600,000 With Brokers Floyd Shaheen And Jeffrey Becker

402 West Ojai Avenue

$2,600,000

$310/SF

Building Size

8,371 SF

Asset Type

Office

Closing

Jul 1, 2026

AI

The property involved in the transaction is an office asset located at 402 West Ojai Avenue in the Ojai market. The sale price reached $2,600,000, and the property encompasses a total square footage of 8,371, resulting in a price per square foot of $310.

Summary of transaction details:

This transaction showcases the involvement of key representatives in the process, with Jeffrey Becker from The Becker Group representing the buyer, while Floyd Shaheen from Marcus & Millichap represented the seller. Their expertise contributed to the successful closing of the deal.

Players

Floyd Shaheen

Marcus & Millichap

Broker

$82M

vol

29 deals

Broker

Ojai 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93