Kevin Broukhim Acquires Retail Asset From Jay Schuminsky For $7.5 Million In Tarzana
18568 Ventura Boulevard
$7,500,000
$730/SF
Building Size
10,268 SF
Asset Type
Retail
Closing
Apr 28, 2026
AI
This retail asset, located at 18568 Ventura Boulevard in the Tarzana market, has a transaction price of $7,500,000. The property encompasses a total square footage of 10,268, equating to a price per square foot of $730.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,500,000
- Address: 18568 Ventura Boulevard
- Market: Tarzana
- Square Footage: 10,268
- Price Per Square Foot: $730
- Buyer: Kevin Broukhim
- Seller: Jay Schuminsky
- Broker: Brandon Michaels - Marcus & Millichap
The transaction involved Kevin Broukhim acquiring the property from seller Jay Schuminsky, with broker Brandon Michaels from Marcus & Millichap facilitating the deal.
Players
Tarzana 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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93