Updated Mar 27, 2025
Shil And Minah Park Acquire Retail Property From Jeh Meher In North Hills For $3.71M
8759 Sepulveda Boulevard
$3,710,000
$406/SF
Building Size
9,123 SF
Asset Type
Retail
Closing
Mar 24, 2025
About this deal
AI
The property asset involved in this transaction is located at 8759 Sepulveda Boulevard in the North Hills market. It is a retail asset that sold for $3,710,000.00 and has a total square footage of 9,123.0.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,710,000.00
- Buyer: Shil and Minah Park
- Seller: Jeh Meher
- Address: 8759 Sepulveda Boulevard
- Market: North Hills
- Square Footage: 9,123.0
Shil and Minah Park are the buyers involved in this transaction, while Jeh Meher is the seller. Both parties completed the transaction on March 24, 2025.
On the Map
$3,710,000
$406/SF
Retail
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Players
North Hills 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
4.28%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93