4766 Park Granada Office Building Sold In Calabasas For $7.15M
4766 Park Granada, Calabasas, CA, USA
$7,150,000
$306/SF
Building Size
23,328 SF
Asset Type
Office
Closing
May 20, 2020
AI
4766 Park Granada, an office property located in Calabasas, was recently sold for $7,150,000. The transaction took place on May 20, 2021, with Brian Mallasch representing the buyer, 4766 Park Granada, and Camp Granada as the seller. The property spans 23,328 square feet, resulting in a price per square foot of $306.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $7,150,000
- Address: 4766 Park Granada, Calabasas
- Market: Calabasas
Brian Mallasch, a representative from Coldwell Banker Commercial, served as the buyer's broker for this deal. The lender involved in the transaction was Business Finance Capital CDC, represented by Lee Kleinman. The successful sale of 4766 Park Granada further highlights the robust real estate market in Calabasas.
Players
Calabasas 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
2.22%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93