Updated Dec 20, 2023
Tazim Hashim Acquires Retail Property In Northridge For $5.2M
16904 Parthenia Street, Northridge, California 91343, United States
$5,200,000
$252/SF
Building Size
20,576 SF
Asset Type
Retail
Closing
Mar 7, 2022
About this deal
AI
The property asset involved in this transaction is a retail property located at 16904, 16908, and 16950 Parthenia Street in the Northridge market. The property spans a total area of 20,576 square feet and was sold for a price of $5,200,000, resulting in a price per square foot of $252.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 16904, 16908, and 16950 Parthenia Street
- Market: Northridge
The buyer in this transaction was Tazim Hashim, while the seller was Ross Bloom. The deal was facilitated by Matthew Luchs and Brandon Michaels, representing The Brandon Michaels Group.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew Luchs 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93