Updated Dec 21, 2023
Michael Eshaghian Acquires Retail Property On Ventura Blvd, Tarzana For $2.9M
18556 Ventura Boulevard, Tarzana, California 91356, United States
$2,875,000
$728/SF
Building Size
3,946 SF
Asset Type
Retail
Closing
Dec 20, 2021
About this deal
AI
18556 Ventura Blvd. in Tarzana has been sold in a retail transaction. The property, measuring 3,946 square feet, was purchased by Michael Eshaghian from Kevin Broukhim for a total of $2,875,000. The sale price per square foot equates to $728.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,875,000
- Square Footage: 3,946
- Address: 18556 Ventura Blvd.
- Market: Tarzana
Brandon Michaels and Matthew Luchs of the Brandon Michaels Group represented both sides of the deal as brokers in this transaction.
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
5.52%
Cash-on-Cash
-1.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93