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7349 Topanga Canyon Blvd, C...

Updated Dec 20, 2023

Gilbert & Fidelis King Sell Canoga Park Office Building For $950K
SOLDOffice

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.

On the Map

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$950,000

$83/SF

Office

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Players

Martin Agnew

Marcus & Millichap

Broker

$458.1M

vol

128 deals

Broker
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Los Angeles Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $83 per square foot on a published $950K for 11,430 square feet (2020).

Visit Ryan Rothstein-Serling to view all their deals.

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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

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