Updated Dec 21, 2023
Brandon Michaels Acquires Retail Property In Van Nuys For $1.5M
14519 Vanowen Street, Van Nuys, CA 91405, USA
$1,526,000
$263/SF
Building Size
5,790 SF
Asset Type
Retail
Closing
Dec 31, 2019
About this deal
AI
An undisclosed retail property located at 14519 Vanowen Street in Van Nuys was recently sold for $1,526,000. The property spans 5,790 square feet and was sold at a price of $263.56 per square foot. The transaction took place on January 1, 2020. The sale was facilitated by broker Brandon Michaels from the Brandon Michaels Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,526,000
- Address: 14519 Vanowen Street, Van Nuys
- Square Footage: 5,790
- Price per Square Foot: $263.56
- Market: Van Nuys
Brandon Michaels from the Brandon Michaels Group played a crucial role in the successful completion of this sale transaction.
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Brandon Michaels 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
10.40%
Cash-on-Cash
-2.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93