Brian Na Of Mega Capital Funding Acquires Office Building From Bryan B. Deboer For $6.3M
26775 Malibu Hills Road
$6,300,000
$185/SF
Building Size
34,000 SF
Asset Type
Office
Closing
May 20, 2026
AI
The asset involved in this transaction is a 34,000-square-foot Class A office building located at 26775 Malibu Hills Road in Calabasas, California. The property was sold for $6.3 million, which equates to approximately $185 per square foot. This transaction is noted as one of the few significant office trades in the San Fernando Valley in early 2026.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,300,000
- Address: 26775 Malibu Hills Road
- Market: Calabasas, CA
- Square Footage: 34,000
- Price Per Square Foot: $185
- Buyer: Brian Na - Mega Capital Funding
- Seller: Bryan B. Deboer - Lithia Motors
In this transaction, Brian Na represents Mega Capital Funding as the buyer, while Bryan B. Deboer represents Lithia Motors as the seller. Notably, this sale marks a decrease from the $8.5 million price paid by a Lithia Motors affiliate in 2021, reflecting ongoing valuation pressure in the suburban Los Angeles office market despite signs of stabilization in leasing fundamentals.
Players
Malibu 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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93