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816 San Fernando Road

Updated Oct 14, 2025

Severyn Aszkenazy Purchases Retail Asset From Susana Cornejo For $4 Million In San Fernando
SOLDRetail

Severyn Aszkenazy Purchases Retail Asset From Susana Cornejo For $4 Million In San Fernando

816 San Fernando Road

$4,000,000

$202/SF

Building Size

19,744 SF

Asset Type

Retail

Closing

Aug 15, 2025

About this deal

AI

This retail asset is located at 816 San Fernando Road in the San Fernando market. The property was sold for $4,000,000, encompassing a total square footage of 19,744. The price per square foot stands at $202.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,000,000
  • Address: 816 San Fernando Road
  • Market: San Fernando
  • Square Footage: 19,744
  • Price per Square Foot: $202
  • Buyer: Severyn Aszkenazy
  • Seller: Susana Cornejo
  • Broker Representatives: Brandon Michaels & Steven Schechter - Marcus & Millichap

The transaction involved key individuals, with Severyn Aszkenazy as the buyer and Susana Cornejo as the seller. The deal was facilitated by brokers Brandon Michaels and Steven Schechter representing Marcus & Millichap in this closed transaction.

On the Map

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$4,000,000

$202/SF

Retail

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Players

Brandon Michaels

Marcus & Millichap

Broker

$771M

vol

143 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
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San Fernando Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $202 per square foot on a published $4M for 19,744 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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