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19451 Ventura Boulevard, Ta...

Updated Oct 28, 2024

Prime Axis General Builder Inc. Acquires Retail Property In Tarzana From Henry S. Kirkwood For $1.73M
SOLDRetail

Prime Axis General Builder Inc. Acquires Retail Property In Tarzana From Henry S. Kirkwood For $1.73M

19451 Ventura Boulevard, Tarzana, CA 91356, USA

$1,730,000

$783/SF

Building Size

2,209 SF

Asset Type

Retail

Closing

Jun 30, 2020

About this deal

AI

A retail property located at 19451 Ventura Blvd in Tarzana has been sold for a price of $1,730,000. The property has a total square footage of 2,209 and a price per square foot of $783. The transaction took place on June 30, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,730,000
  • Address: 19451 Ventura Blvd
  • Market: Tarzana
  • Square Footage: 2,209

The buyer of the property is Prime Axis General Builder Inc., while the seller is Henry S. Kirkwood. The deal was facilitated with the assistance of the following brokers: Brad Wetherby, Josh Yaris, Ryan Serling, and Martin Agnew.

Players

Martin Agnew

Marcus & Millichap

Broker

$458.1M

vol

128 deals

Broker

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $783 per square foot on a published $1.7M for 2,209 square feet (2020).

Visit Ryan Rothstein-Serling to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.17%

Cash-on-Cash

-2.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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