Yaniv Zur Acquires Canoga Park Office For $2.75M
SOLD
$2,750,000
California
See Similar DealsOffice7,980 SF
Sold 07/27/2021
SOLD
Yaniv Zur Acquires Canoga Park Office For $2.75M
6930 Owensmouth Avenue, Canoga Park, CA, USA
See Similar DealsOffice7,980 SF
Sold 07/27/2021
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$344
Total Square Footage:7,980 SF
Transaction Type:Sale
An office property located at 6930 Owensmouth Avenue in Canoga Park, California, was recently sold in a transaction. The property spans an area of 7,980 square feet and is situated in the Canoga Park market. The sale was finalized on 07/27/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,750,000
- Asking Price: $2,900,000
- Price per Square Foot: $344
- Buyer: Yaniv Zur
- Seller: Ehsan Doroudi
- Buyer's Representative: @Lagreaterre & @YaronGedalia - Keller Willimas Calabasas
The buyer in this transaction was Yaniv Zur. The seller was Ehsan Doroudi. Yaniv Zur was represented by @Lagreaterre & @YaronGedalia from Keller Willimas Calabasas.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,036.40
Annual Debt Service$156,436.84
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