Marjory Cones Sells Retail Property In Woodland Hills For $3.6M
6433-6437 Topanga Canyon Blvd, Woodland Hills, CA 91303
$3,585,000
$995/SF
Building Size
3,600 SF
Asset Type
Retail
Closing
Dec 15, 2021
AI
Located in Woodland Hills, the property at 6433-6437 Topanga Canyon Blvd. has recently been sold in a retail transaction. The property spans 3,600 square feet and is priced at $3,585,000, resulting in a price per square foot of $995. The sale was completed on December 16, 2021.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,585,000
- Square Footage: 3,600
- Price per Square Foot: $995
- Address: 6433-6437 Topanga Canyon Blvd.
- Market: Woodland Hills
Marjory Cones was the seller of the property, while Illi Commercial Real Estate represented the seller as the broker, with Greg Offsay acting as their representative in the deal.
Woodland Hills 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
4.42%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93