SOLDOffice
Van Nuys Office Building Sold For $3.85M By Chase Choen, Ryan Serling, Martin Agnew, Edward Zadeh, & David Papazian
6634 Valjean Avenue, Van Nuys, CA 91406, USA
$3,850,000
$239/SF
Building Size
16,048 SF
Asset Type
Office
Closing
Feb 12, 2019
AI
An office building located at 6634 Valjean Avenue in Van Nuys has been sold for $3.85 million. The property spans 16,048 square feet, resulting in a price per square foot of $239.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3.85 million
- Address: 6634 Valjean Avenue
- Market: Van Nuys
- Square Footage: 16,048
- Price per Square Foot: $239
The sale was facilitated by an experienced team of brokers, including Chase Choen, Ryan Serling, Martin Agnew, Edward Zadeh, and David Papazian.
Players
Van Nuys 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93