Edward Madadi Purchases Retail Property At 4306-4310 W Victory Blvd In Burbank For $1.36M
4306 Victory Boulevard
$1,650,000
$296/SF
Building Size
5,575 SF
Asset Type
Retail
Closing
Jun 18, 2026
AI
The property involved in this transaction is a retail asset located at 4306-4310 W Victory Blvd in the Burbank market. The sale price for the asset was $1,360,000. The total square footage of the property is 5,575, which translates to a price per square foot of $244.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,360,000
- Address: 4306-4310 W Victory Blvd
- Market: Burbank
- Square Footage: 5,575
- Price Per Square Foot: $244
- Buyer: Edward Madadi
- Seller: Pasquale Caiazza
- Seller's Representative: Ryan Rothstein-Serling, Josh Yaris, Martin Agnew, Glen Scher & Filip Niculete - Agnew | Serling Group - Marcus & Millichap
Key individuals in this transaction include the buyer, Edward Madadi, and the seller, Pasquale Caiazza, along with the seller's representatives from Agnew | Serling Group, which operates under Marcus & Millichap. This team facilitated the transaction and represented the seller's interests throughout the process.
Players
Market 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93