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Shil And Minah Park Acquire Retail Property From Jeh Meher In North Hills For $3.71M

Property Image
SOLD
$3,710,000
Ryan Rothstein-Serling
Martin Agnew
Joshua (Josh) Yaris
+ 1

California

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Retail9,123 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Shil And Minah Park Acquire Retail Property From Jeh Meher In North Hills For $3.71M

8759 Sepulveda Boulevard

See Similar Deals
Retail9,123 SF
Sold
Ryan Rothstein-Serling
Martin Agnew
Joshua (Josh) Yaris
+ 1
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$406
Total Square Footage:9123 SF
Transaction Type:Sale

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.

Players

Martin Agnew
Marcus & Millichap
Martin Agnew
118 deals$430.6M volume
BROKER
Joshua (Josh) Yaris
Marcus & Millichap
Joshua Yaris
24 deals$57.6M volume(818) 212-2665
BROKER
Ryan Rothstein-Serling
Marcus & Millichap
Ryan Rothstein-Serling
121 deals$503.6M volume(818) 212-2725
BROKER
Hannah Zager
Marcus & Millichap
Hannah Zager
9 deals$30.5M volume(818) 212-2820
BROKER

Details

SOLD
IMAGE: Martin Agnew, Ryan Rothstein-Serling, Hannah Zager & Josh Yaris DATE: 03/24/2025 ADDRESS: 8759 Sepulveda Boulevard MARKET: North Hills ASSET TYPE: Retail BUYER: Shil & Minah Park SELLER: Jeh Meher BROKERS: Martin Agnew (@MartyAgnew), Ryan Rothstein-Serling (@RyanRS14), Hannah Zager (@Hannah.Zager) & Josh Yaris (@JoshYaris) - (@AgnewSerlingGroup) - Marcus & Millichap (@MarcusMillichapInc) (@MarcusMillichapEncino) SALE PRICE: $3,710,000 SF: 9,123 ~ PPSF: $406

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,180.84
Cash-on-Cash Return-1.27%
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