Tagui Bogachadzhan Acquires Retail Property On Victory Boulevard For $2.6 Million
SOLD
$2,600,000
California
See Similar DealsRetail4,669 SF
Sold 02/10/2025
SOLD
Tagui Bogachadzhan Acquires Retail Property On Victory Boulevard For $2.6 Million
11005 Victory Boulevard
See Similar DealsRetail4,669 SF
Sold 02/10/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$556
Total Square Footage:4,669 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
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