Updated Nov 26, 2025
Jeff Damavandi Purchases Retail Property From Patty Wehr In Fillmore For $3.5M
703 & 751 W Ventura Street
$3,500,000
$228/SF
Building Size
15,353 SF
Asset Type
Retail
Closing
Sep 15, 2025
About this deal
AI
The retail asset located at 703 & 751 W Ventura Street in Fillmore has been sold for $3,500,000. The property encompasses a total square footage of 15,353, resulting in a price per square foot of $227.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,500,000
- Address: 703 & 751 W Ventura Street
- Market: Fillmore
- Square Footage: 15,353
- Price Per Square Foot: $227
- Buyer: Jeff Damavandi
- Seller: Patty Wehr
- Brokers: Brandon Michaels - Marcus & Millichap; Carlo Brignardello & Troy Pollet - Cushman & Wakefield
Representing the buyer in this transaction is Jeff Damavandi, while Patty Wehr, the seller, is advised by her broker representatives Brandon Michaels from Marcus & Millichap and Carlo Brignardello & Troy Pollet from Cushman & Wakefield.
On the Map
$3,500,000
$228/SF
Retail
View full map
Players
Santa Paula Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Brandon Michaels to view all their deals.
Browse Santa Paula retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93