David Uyesugi Acquires Office Building In Van Nuys For $3.2M
7630 Densmore Ave, Van Nuys, CA, USA
$3,275,000
$231/SF
Building Size
14,141 SF
Asset Type
Office
Closing
Aug 6, 2020
AI
An office property located at 7630 Densmore Ave in Van Nuys has been sold in a transaction. The property spans 14,141 square feet and was sold at a price of $3,275,000, resulting in a price per square foot of $231.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,275,000
- Property Address: 7630 Densmore Ave, Van Nuys
- Market: Van Nuys
- Seller: Deborah Carver
- Buyer: David Uyesugi
- Seller's Representative: Chase Cohen, Ryan Serling, Martin Agnew (AgnewSerlingGroup)
- Buyer's Representative: Kevin Khojasteh - Eighty8-Compass
- Square Footage: 14,141
- Price per Square Foot: $231
The sale of this office property was facilitated by the sellers' representatives, Chase Cohen, Ryan Serling, and Martin Agnew of Agnew Serling Group, and the buyers' representative, Kevin Khojasteh from Eighty8-Compass.
Players
Van Nuys Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93