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10505 Victory Blvd, North H...

Emil Teadolmanesh Acquires Retail Property On Victory Blvd In North Hollywood, CA For $2.95M
SOLDRetail

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

Emil Teadolmanesh

Buyer

$3M

vol

2 deals

Buyer

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