Updated Dec 21, 2023
Brandon Michaels, @MatthewLuchs & Austin Sreden Sell Simi Valley Retail Property For $2,026,000
859 E Los Angeles Ave, Simi Valley, Ventura County, CA, USA
$2,026,000
$239/SF
Building Size
8,445 SF
Asset Type
Retail
Closing
Feb 9, 2021
About this deal
AI
The retail property located at 859 E. Los Angeles Ave. in Simi Valley, Ventura County was recently sold for a total price of $2,026,000. The transaction took place on February 10, 2021. The property spans 8,445 square feet, resulting in a price per square foot of $240.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,026,000
- Square Footage: 8,445
- Price per Square Foot: $240
- Address: 859 E. Los Angeles Ave.
- Market: Simi Valley, Ventura County
The sale of this retail property was facilitated by brokers Brandon Michaels, @MatthewLuchs, and Austin Sreden. They represented the parties involved in the transaction.
On the Map
$2,026,000
$239/SF
Retail
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Players
Simi Valley 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
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93