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5775 East Los Angeles Avenue
SOLD

Ron Stitch Sells Simi Valley Office Building On E. Los Angeles Avenue For $4.16M

5775 East Los Angeles Avenue

Office
23,997 SF
clock iconSold 1 year ago
Gary Cohen
James Debuiser
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Summary

Sale
CALIFORNIA
Office
23,997 sqft

An office property located at 5775 E. Los Angeles Avenue in Simi Valley has been sold for a price of $4,160,000. The property spans across 23,997 square feet, resulting in a price per square foot of $173. This transaction took place on April 19, 2021. The property is situated in the Simi Valley market.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $4,160,000
  • Square Footage: 23,997
  • Price per Square Foot: $173
  • Market: Simi Valley

Ron Stitch acted as the seller in this sale. The brokers involved in this transaction were James DeBuiser from @JamesJDeBuiser and Gary Cohen. The deal was closed with a capitalization rate of 6.25%.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Gary Cohen's profile picture
Gary Cohen
Marcus & Millichap-image
First Vice President Investments
$102.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Gary Cohen & James DeBuiser @JamesJDeBuiser DATE: 04/19/2021 ADDRESS: 5775 E. Los Angeles Avenue MARKET: Simi Valley ASSET TYPE: Office SELLER: Ron Stitch BROKER: James DeBuiser @JamesJDeBuiser & Gary Cohen SALE PRICE: $4,160,000 SF: 23,997 ~ PPSF: $173 CAP: 6.25%

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Address5775 East Los Angeles Avenue

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