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6433-6437 Topanga Canyon Bl...

Marjory Cones Sells Retail Property In Woodland Hills For $3.6M
SOLDRetail

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.

Players

Greg Offsay

illi Commercial Real Estate

Broker

$12.2M

vol

3 deals

Broker

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