Updated Dec 21, 2023
Saman Derakhshan Acquires Retail Property In Simi Valley For $1.355M
4304 Cochran St, Simi Valley, CA, USA
$1,355,000
$258/SF
Building Size
5,250 SF
Asset Type
Retail
Closing
Oct 1, 2021
About this deal
AI
A retail property located at 4304 Cochran St. in Simi Valley has been sold for a total of $1,355,000. The property spans 5,250 square feet and was sold at a price per square foot of $258.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,355,000
- Address: 4304 Cochran St.
- Market: Simi Valley
- Bought by: Saman Derakhshan
- Sold by: Mi Y. Kim
- Brokers: Brandon Michaels, Matthew Luchs, and Austin Sreden - Marcus & Millichap
The deal involved the participation of several individuals and companies. The buyer, Saman Derakhshan, acquired the property from the seller, Mi Y. Kim. The transaction was facilitated by the brokers, Brandon Michaels, Matthew Luchs, and Austin Sreden, who represented both parties in the deal. Marcus & Millichap served as the agency responsible for the transaction.
On the Map
$1,355,000
$258/SF
Retail
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Players
Simi Valley 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
11.71%
Cash-on-Cash
-3.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93