Updated Mar 3, 2025
Tagui Bogachadzhan Acquires Retail Property On Victory Boulevard For $2.6 Million
11005 Victory Boulevard
$2,600,000
$556/SF
Building Size
4,669 SF
Asset Type
Retail
Closing
Feb 10, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 11005 Victory Boulevard, North Hollywood. The sale price for the property is $2,600,000, and it has a total square footage of 4,669, resulting in a price per square foot of $556.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,600,000
- Address: 11005 Victory Boulevard
- Market: North Hollywood
- SF: 4,669
- PPSF: $556
- Buyer: Tagui Bogachadzhan
- Seller: Linda Pelletier
- Brokers: Brandon Michaels & Steven Schechter - Marcus & Millichap
The key individuals involved in this deal include the buyer, Tagui Bogachadzhan, and the seller, Linda Pelletier. The transaction was facilitated by brokers Brandon Michaels and Steven Schechter, who represent Marcus & Millichap in this transaction.
On the Map
$2,600,000
$556/SF
Retail
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Players
North Hollywood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93