Updated Dec 20, 2023
Woodland Hills Retail Condo Sold For $1.35M From Seller Rob Kassabian's Rep Daniel Hirth, Alex Reyhan, And Ethan Donel At Hirth Group
19913 Ventura Blvd, Woodland Hills, CA 91364, USA
$1,350,000
$35/SF
Building Size
37,870 SF
Asset Type
Retail
Closing
Jun 15, 2020
About this deal
AI
A retail condo located at 19913 Ventura Blvd in Woodland Hills has been sold for $1,350,000. The property spans 3,787 square feet, resulting in a price per square foot of $356.48. It consists of four units, with each unit selling for $337,500. The transaction reflects a capitalization rate of 2.44%.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $1,350,000
- Square Footage: 3,787
- Price per Square Foot: $356.48
- Number of Units: 4
- Price per Unit: $337,500
- Capitalization Rate: 2.44%
The seller of the retail condo was Rob Kassabian. The deal was facilitated by brokers Daniel Hirth, Alex Reyhan, and Ethan Donel from HirthGroup. Notably, the escrow process was completed in just three business days.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $35 per square foot on a published $1.4M for 37,870 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93