facebook
Traded Co logo
Submit

Kalachi Enterprises Inc. Acquires Retail Property In Sherman Oaks For $1.95M

Property Image
SOLD
$1,950,000

California

See Similar Deals
Retail2,420 SF
Sold 10/25/2019
the dealplayerscompscontact
Property Image
SOLD

Kalachi Enterprises Inc. Acquires Retail Property In Sherman Oaks For $1.95M

14416 Ventura Boulevard, Sherman Oaks, CA 91423, USA

See Similar Deals
Retail2,420 SF
Sold 10/25/2019
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$805
Total Square Footage:2,420 SF
Transaction Type:Sale

A retail property located at 14416-14418 Ventura Blvd in Sherman Oaks has been sold for $1,950,000. The property spans a total of 2,420 square feet, resulting in a price per square foot of $805.79. The transaction took place on 10/25/2019.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,950,000
  • Square Footage: 2,420
  • Price Per Square Foot: $805.79
  • Address: 14416-14418 Ventura Blvd, Sherman Oaks
  • Market: Sherman Oaks

The buyer of the property was Kalachi Enterprises Inc., while the seller was California Car Hikers and Ventura Property Partners. The deal was facilitated by Justin Jacob, Klyvia Iha, Ryan Serling, and Martin Agnew from the Agnew Serling Group.

Players

Martin Agnew
119 deals$436.8M volume
BROKER

Klyvia Iha
Marcus & Millichap
9 deals$28.2M volume
BROKER

Ryan Rothstein-Serling
Marcus & Millichap
122 deals$509.8M volume(818) 212-2725
BROKER

Details

SOLD
IMAGE: Martin Agnew @martyagnew, Ryan Serling @ryanrs14, Klyvia Iha & Justin Jacob DATE: 10/25/2019 ADDRESS: 14416-14418 Ventura Blvd MARKET: Sherman Oaks ASSET TYPE: Retail PRICE: $1,950,000 SF: 2,420 PPSF: $805.79 BUYER: Kalachi Enterprises Inc. SELLER: California Car Hikers | Ventura Property Partners BROKERS: Justin Jacob, Klyvia Iha, Ryan Serling, Martin Agnew @agnewserlinggroup

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94