Syuzi Hakobyan Of JohnHart Real Estate Represents Buyer In Van Nuys Retail Sale For $1.775M
SOLD
$1,775,000
California
See Similar DealsRetail5,474 SF
Sold 10/15/2025
SOLD
Syuzi Hakobyan Of JohnHart Real Estate Represents Buyer In Van Nuys Retail Sale For $1.775M
6231 Van Nuys Boulevard
See Similar DealsRetail5,474 SF
Sold 10/15/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$324
Total Square Footage:5,474 SF
Transaction Type:Sale
The property involved in this transaction is a retail asset located at 6231 Van Nuys Boulevard in the Van Nuys market. The sale price for the asset was $1,775,000, with a total square footage of 5,474, resulting in a price per square foot of $324.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,775,000
- Address: 6231 Van Nuys Boulevard
- Market: Van Nuys
- Square Footage: 5,474
- Price per Square Foot: $324
- Buyer's Representative: Syuzi Hakobyan - JohnHart Real Estate
The buyer's representative for this transaction was Syuzi Hakobyan, who is affiliated with JohnHart Real Estate. This detail highlights the professional involvement in ensuring the transaction proceeded smoothly.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$94,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,306.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,414.41
Annual Debt Service$100,972.87
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