Syuzi Hakobyan Of JohnHart Real Estate Represents Buyer In Van Nuys Retail Sale For $1.775M
6231 Van Nuys Boulevard
$1,775,000
$324/SF
Building Size
5,474 SF
Asset Type
Retail
Closing
Oct 15, 2025
AI
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.
Players
Van Nuys 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
8.94%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93