David Issapour Acquires Office Building In Van Nuys From Susman Family Trust For $1.5M
6177 Van Nuys Blvd, Van Nuys, CA 91401, USA
$1,500,026
$208/SF
Building Size
7,195 SF
Asset Type
Office
Closing
Oct 12, 2020
AI
An office building located at 6177 Van Nuys Blvd in Van Nuys has been sold. The transaction was completed on October 13, 2020. The seller of the property was the Susman Family Trust, while the buyer was David Issapour. The deal was facilitated by brokers Klyvia Iha, Ryan Serling, and Martin Agnew from the Agnew Serling Group.
Summary of Transaction Details
- Property Type: Office
- Sale Price: $1,500,026
- Square Footage: 7,195
- Price Per Square Foot: $208
- Address: 6177 Van Nuys Blvd
- Market: Van Nuys
David Issapour acquired the office property from the Susman Family Trust in this transaction. The property spans a total area of 7,195 square feet and was sold at a price of $1,500,026, resulting in a price per square foot of $208. The sale was completed with the assistance of Klyvia Iha, Ryan Serling, and Martin Agnew from the Agnew Serling Group.
Players
Los Angeles 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93