Updated Oct 2, 2026
SOLDRetail
Kevin Shoumian Acquires Retail Property In San Fernando For $5.9M
601 Maclay
$5,926,000
$263/SF
Building Size
22,482 SF
Asset Type
Retail
Closing
Jan 23, 2023
About this deal
AI
The retail property located at 601 N Maclay Ave in San Fernando has been sold for a total of $5,926,000. This transaction involved a total area of 22,482 square feet, resulting in a price per square foot of $264. The property is situated in a desirable location in the San Fernando market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,926,000
- Square Feet: 22,482
- Price Per Square Foot: $264
- Address: 601 N Maclay Ave, San Fernando
Kevin Shoumian acted as the buyer in this transaction, while Soheil Satbani served as the seller. The deal was facilitated by Justin Kohanoff of Westgate Property Group, who represented both parties in the transaction.
On the Map
$5,926,000
$263/SF
Retail
View full map
Players
San Fernando Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit justin kohanoff to view all their deals.
Browse San Fernando retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.68%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93