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:
- Property Type: Office
- Transaction Amount: $2,600,000
- Square Footage: 8,371
- Price per Square Foot: $310
- Buyer: Peter Golden
- Seller: Giff Jones
- Buyer's Representative: Jeffrey Becker - The Becker Group
- Seller's Representative: Floyd Shaheen - Marcus & Millichap
- Date of Transaction: 07/01/2026
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
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