Updated Dec 20, 2023
Gilbert & Fidelis King Sell Canoga Park Office Building For $950K
7349 Topanga Canyon Blvd, Canoga Park, CA 91303, USA
$950,000
$83/SF
Building Size
11,430 SF
Asset Type
Office
Closing
Sep 17, 2020
About this deal
AI
The office building located at 7349 Topanga Canyon Blvd in Canoga Park has been sold in a recent transaction. The property, measuring 1,143 square feet, was sold for a price of $950,000, resulting in a price per square foot of $831.15.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $950,000
- Square Footage: 1,143
- Price per Square Foot: $831.15
The sellers of this office building were Gilbert & Fidelis King. The transaction was facilitated by brokers Josh Yaris, Brad Wetherby, 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
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93