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
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