Updated Oct 20, 2026
Gurpreet Singh And Sandeep Kaur Acquire Retail Property In North Hollywood For $1.6M
11150 Burbank Boulevard
$1,600,000
$481/SF
Building Size
3,324 SF
Asset Type
Retail
Closing
Oct 14, 2026
About this deal
AI
The property asset involved in this transaction is located at 11150-11160 Burbank Boulevard in North Hollywood. This retail space has a total square footage of 3,324 and a sale price of $1,600,000, equating to a price per square foot of $481.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,600,000
- Buyer: Gurpreet Singh & Sandeep Kaur
- Seller: Lisa Marks & Kimberly Kletter
- Brokers: Ryan Rothstein-Serling, Joshua Yaris & Martin Agnew - Agnew | Serling Group - Marcus & Millichap
This transaction was facilitated by the brokers, Ryan Rothstein-Serling, Joshua Yaris, and Martin Agnew, who represent the interests of the buyer and seller in this deal, ensuring that both parties were effectively represented throughout the process.
On the Map
$1,600,000
$481/SF
Retail
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Players
North Hollywood 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93