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11801 Ventura Boulevard, St...

Updated Dec 21, 2023

Bilt advertisement
Anat Escher Acquires Retail Property On Ventura Blvd. In Studio City For $3M
SOLDRetail

Anat Escher Acquires Retail Property On Ventura Blvd. In Studio City For $3M

11801 Ventura Boulevard, Studio City, CA 91604

$3,000,000

$846/SF

Building Size

3,545 SF

Asset Type

Retail

Closing

Aug 27, 2021

About this deal

AI

11801 Ventura Blvd. in Studio City has been sold for $3,000,000. The retail property spans across 3,545 square feet, resulting in a price per square foot of $846. The transaction took place on August 27, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 11801 Ventura Blvd.
  • Market: Studio City
  • SF: 3,545
  • PPSF: $846

Anat Escher acquired the property from Michael Glick. The deal was facilitated by Elan Kermani from CityStreet Commercial and Matthew Fainchtein.

The retail sale at 11801 Ventura Boulevard, Studio City, CA 91604 in Los Angeles, California sold for $3M in 2021. The building is 3,545 square feet, implying about 846 per square foot on the published price. Matthew Fainchtein, Elan Kermani, Michael Glick, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Los Angeles, California file for the 11801 Ventura Boulevard, Studio City, CA 91604 retail sold: pricing, party profiles, and other closed retail comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles retail set by closing date to see what else sold near 11801 Ventura Boulevard, Studio City, CA 91604 around 2021. Published consideration for 11801 Ventura Boulevard, Studio City, CA 91604 is $3M, dated 2021. Cite this Anat Escher Acquires Retail Property On Ventura Blvd. In Studio City For $3M sale when underwriting similar retail product around Los Angeles, California.

Players

Elan Kermani

Broker

$59.5M

vol

9 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Michael Glick

Seller

$8.4M

vol

2 deals

Seller

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $846 per square foot on a published $3M for 3,545 square feet (2021).

Visit Matthew Fainchtein to view all their deals.

Browse Los Angeles retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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