Updated Dec 21, 2023
Merrill Zuniga Sells Tarzana Retail Property On Ventura Blvd. For $6.5M
18800 Ventura Boulevard
$6,500,000
$1,130/SF
Building Size
5,749 SF
Asset Type
Retail
Closing
Jul 15, 2021
About this deal
AI
The property involved in this closed transaction is an asset of retail type located at 18800 Ventura Blvd in Tarzana. The property has a total area of 5,749 square feet with a price per square foot of $1,130. The transaction took place on July 15, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,500,000
- Address: 18800 Ventura Blvd
- Market: Tarzana
The seller of the property was Merrill Zuniga. The deal was facilitated by brokers Brandon Michaels and Matthew Luchs.
Players
Los Angeles 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93