Emil Teadolmanesh Acquires Retail Property On Victory Blvd In North Hollywood, CA For $2.95M
10505 Victory Blvd, North Hollywood, CA 91606, USA & 10505 Victory Blvd, North Hollywood, CA 91606, USA
Building Size
17,570 SF
Asset Type
Retail
Closing
Dec 6, 2022
AI
The retail property located at 10505 Victory Blvd in North Hollywood, CA has been sold in a closed transaction. The property spans 17,570 square feet and was sold for a price of $2,950,000, resulting in a price per square foot of $168.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,950,000
- Address: 10505 Victory Blvd, North Hollywood, CA
- Market: North Hollywood, CA
- SF: 17,570
- PPSF: $168
The buyer of the property is Emil Teadolmanesh. The seller's representatives involved in the transaction are Kyle Pari and Michael Pakravan from Matthews Real Estate Investment Services.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93