Updated Sep 5, 2024
Fariba Kobi Sells Office At 5353 Topanga Canyon Blvd For $4.1M With Reza Ghobadi As The Broker
5353 Topanga Canyon Boulevard
$4,100,000
$371/SF
Building Size
11,037 SF
Asset Type
Office
Closing
Jun 28, 2022
About this deal
AI
The property asset involved in this transaction is an office located at 5353 Topanga Canyon Blvd., situated in the Warner Center market. The sale price of the property is $4,100,000, with a total square footage of 11,037, resulting in a price per square foot of $371.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,100,000
- Address: 5353 Topanga Canyon Blvd.
- Market: Warner Center
- Square Footage: 11,037
- Price per Square Foot: $371
- Seller: Fariba Kobi
- Broker: Reza Ghobadi - Colliers International
This transaction involved the key role of broker Reza Ghobadi from Colliers International, representing the seller Fariba Kobi in the deal. The involvement of these parties highlights the professional expertise contributed to the successful closing of the transaction.
Players
Los Angeles Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Reza Ghobadi to view all their deals.
Browse Los Angeles office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93