facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

11334 Moorpark St, Studio C...

Jon Shook Acquires Retail Property In Studio City For $2.34M
SOLDRetail

Jon Shook Acquires Retail Property In Studio City For $2.34M

11334 Moorpark St, Studio City, California 91604, United States

$2,340,000

$780/SF

Building Size

3,000 SF

Asset Type

Retail

Closing

Dec 1, 2021

AI

Located in Studio City, the retail property at 11334 Moorpark has recently been sold in a closed transaction. The transaction took place on December 1, 2021, with the property being sold for a price of $2,340,000. The property spans 3,000 square feet, resulting in a price per square foot of $780. The buyer in this transaction is Jon Shook, while the seller is Antoine Mott.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,340,000
  • Address: 11334 Moorpark
  • Market: Studio City

The transaction was facilitated by Steve Anavim from Conroy Commercial, who represented both parties involved. Steve Anavim played a crucial role as the broker in this deal, ensuring a smooth and successful transaction between the buyer and the seller.

Players

Steve Anavim

Conroy Commercial

Broker

$65.3M

vol

12 deals

Broker

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.78%

Cash-on-Cash

-1.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93