Updated Dec 21, 2023
Julius Giannini Acquires Retail Condo On Ventura Blvd For $2.3M
18627 Ventura Boulevard, Tarzana, CA 91356, USA
$2,300,000
$687/SF
Building Size
3,348 SF
Asset Type
Retail
Closing
May 30, 2019
About this deal
AI
A retail condo located at 18627 Ventura Blvd in Tarzana / San Fernando Valley was recently sold for $2,300,000. The property spans 3,348 square feet and has a price per square foot of $686.98.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $2,300,000
- Date: 05/31/2019
- Market: Tarzana / San Fernando Valley
The buyer of the property was Julius Giannini, while the sellers were Lori Pietruszka & Lisa Pietruszka. The deal was facilitated by Rose O'Sullivan from NAI Capital and Terry Adams from Coldwell Banker Commercial.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $687 per square foot on a published $2.3M for 3,348 square feet (2019).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93