Updated Sep 9, 2024
John Bagdasarian Acquires Retail Property In Sylmar For $1.2M
12202 Foothill Boulevard, Pacoima, California 91342, United States
$1,200,000
$288/SF
Building Size
4,160 SF
Asset Type
Retail
Closing
Jul 21, 2022
About this deal
AI
The property involved in this closed transaction is a retail asset located at 12202 Foothill Blvd. in Sylmar. The property spans a total of 4,160 square feet and was sold for a price of $1,200,000, resulting in a price per square foot of $288.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 12202 Foothill Blvd.
- Market: Sylmar
The buyer in this transaction is John Bagdasarian, while the seller is Charles Henderson. Representing the buyer is Blas Fernandez from Blas Property Group, and representing the seller is Giovany Kirakossian from JohnHart Real Estate.
Players
Pacoima 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93