Updated Oct 26, 2026
Harbor Associates Sells Office Building At 6345 Balboa Boulevard In Encino For $12.5M
6345 Balboa Boulevard
$12,500,000
$249/SF
Building Size
50,136 SF
Asset Type
Office
Closing
Oct 16, 2026
About this deal
AI
The asset involved in the transaction is an office property located at 6345 Balboa Boulevard in the Encino market. The transaction was finalized for a total price of $12,500,000, encompassing a total square footage of 50,136, resulting in a price per square foot of $249.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,500,000
- Square Footage: 50,136
- Price Per Square Foot: $249
- Address: 6345 Balboa Boulevard
- Market: Encino
- Seller: Harbor Associates
- Seller's Representative: Grant Goldman, Mark Shaffer, Anthony DeLorenzo & Sean Sullivan - CBRE
The individuals involved in this transaction include Grant Goldman, Mark Shaffer, Anthony DeLorenzo, and Sean Sullivan, who represented the seller, Harbor Associates, in this deal through their agency, CBRE.
On the Map
$12,500,000
$249/SF
Office
View full map
Players
Encino Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Shaffer to view all their deals.
Browse Encino office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93