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
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.
Players
Los Angeles 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93