Updated Oct 14, 2025
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.
Players
San Fernando 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93