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Sirvard Chimayan Acquires Retail Property In Tujunga For $1.6M

Property Image
SOLD
$1,600,000
Michael Melik Bakchian
Blas Fernandez

California

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Retail4,542 SF
Sold
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Property Image
SOLD

Sirvard Chimayan Acquires Retail Property In Tujunga For $1.6M

6855 Foothill Blvd, Tujunga, CA, USA

See Similar Deals
Retail4,542 SF
Sold
Michael Melik Bakchian
Blas Fernandez
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$352
Total Square Footage:4542 SF
Transaction Type:Sale

The retail property located at 6855 Foothill Blvd. in Tujunga has been sold. The transaction took place on 03/08/2021. The property, with a total square footage of 4,542, was sold for $1,600,000, at a price per square foot of $352. The seller, Arbi Keshiahian, and the buyer, Sirvard Chimayan, finalized the deal.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,600,000
  • Address: 6855 Foothill Blvd.
  • Market: Tujunga

The buyer was represented by Blas Fernandez, who is associated with the Blas Property Group. On the other hand, the seller was represented by Michael Melik Bakchian.

Players

Blas Fernandez
IKON Properties
Blas Fernandez
33 deals$88.5M volume(818) 319-9191
BROKER
Michael Melik Bakchian
Michael Melik Bakchian
1 deal$1.6M volume
BROKER
Keller Williams Realty
Keller Williams Realty
BROKERAGE

Details

SOLD
IMAGE: Blas Fernandez DATE: 03/08/2021 ADDRESS: 6855 Foothill Blvd. MARKET: Tujunga ASSET TYPE: Retail BUYER: Sirvard Chimayan SELLER: Arbi Keshiahian BUYER’S REP: Blas Fernandez @AgentBlas @BlasPropertyGroup SELLER’S REP: Michael Melik Bakchian ASKING PRICE: $1,800,000 SALE PRICE: $1,600,000 SF: 4,542 ~ PPSF: $352

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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