SOLDRetail
Ravinder Singh Acquires Retail Asset In Canoga Park From Cauchy Group For $6.7M
21315 Saticoy Street
$6,700,009
$207/SF
Building Size
32,365 SF
Asset Type
Retail
Closing
Jun 26, 2026
AI
The property involved in this transaction is a retail asset located at 21315 Saticoy Street in the Canoga Park market. The sale price was $6,700,000, with a total square footage of 32,365, resulting in a price per square foot of $207.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,700,000
- Address: 21315 Saticoy Street
- Market: Canoga Park
- Square Footage: 32,365
- Price per Square Foot: $207
- Buyer: Ravinder Singh
- Seller: Cauchy Group
- Brokers: Blas Fernandez, Brian Vu & Taneer Sheik - IKON Properties
The deal features Ravinder Singh as the buyer and Cauchy Group as the seller. The transaction was facilitated by brokers Blas Fernandez, Brian Vu, and Taneer Sheik, representing the buyer and seller through IKON Properties.
Players
Market 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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93