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Guillermo Peralta Acquires Retail Property At 6451-6453 Van Nuys Blvd For $5.025M

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SOLD
$5,025,000

Georgia

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Retail16,000 SF
Sold 02/17/2025
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Property Image
SOLD

Guillermo Peralta Acquires Retail Property At 6451-6453 Van Nuys Blvd For $5.025M

6451 6453 Van Nuys Blvd

See Similar Deals
Retail16,000 SF
Sold 02/17/2025
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Summary

GEORGIA
Asset Type:Retail
Price Per Square Foot:$314
Total Square Footage:16,000 SF
Transaction Type:Sale

The asset involved in this transaction is a retail property located at 6451-6453 Van Nuys Blvd, in Van Nuys, CA. The sale price was $5,025,000, and the property spans 14,704 square feet, with a price per square foot of $341.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,025,000
  • Buyer: Guillermo Peralta
  • Seller: Hooshang Namvar
  • Brokers: Jay Martinez & Fred Aframian - Kidder Mathews
  • Date of Sale: 02/17/2025
  • Marketplace: Van Nuys, CA
  • Time to Market: Sold within 90 days
  • Escrow Duration: 20 days after opening escrow
  • Financing: Arranged through Equimax Lending for a high-leverage purchase
  • Buyer Profile: Unique owner-user buyer implementing multiple concepts at the property

Jay Martinez and Fred Aframian of Kidder Mathews represented the seller in this transaction, facilitating the sale to the buyer, Guillermo Peralta. The brokerage team successfully procured a buyer aimed at implementing various concepts within the acquired retail space.

Players

Jay Martinez
41 deals$145.3M volume(310) 658-3375
BROKER

Fred Aframian
Kidder Mathews
2 deals$16M volume(818) 693-4241
BROKER

Details

SOLD
IMAGE: Jay Martinez & Fred Aframian DATE: 02/17/2025 ADDRESS: 6451-6453 Van Nuys Blvd MARKET: Van Nuys, CA ASSET TYPE: Retail BUYER: Guillermo Peralta SELLER: Hooshang Namvar BROKERS: Jay Martinez (@JayMartinezKidder) & Fred Aframian - Kidder Mathews (@Kidder.Mathews) SALE PRICE: $5,025,000 SF: 14,704 ~ PPSF: $341 NOTE FROM BROKER: Sold within 90 days of going to market and 20 days after opening escrow. Seller arranged financing [Equimax Lending] allowed for a high-leverage purchase. Procured unique owner-user buyer that will implement multiple concepts at the property.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$268,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,852.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,821.06
Annual Debt Service$285,852.76