19913 VENTURA BOULEVARD
WOODLAND HILLS, CA
just sold!

The Hirth Group is pleased to announce another successful closing! 19913 Ventura Boulevard is located on the highly coveted thoroughfare of Ventura Boulevard in the San Fernando Valley! Ethan Donel, Alex Reyhan & Daniel Hirth represented both the buyer and seller in this transaction. Through our dynamic marketing platform we were able to procure nearly a dozen offers within the first two weeks of marketing. The team started a strategic marketing campaign amidst the peak of the Covid-19 pandemic and overcame the hurdle of retail businesses closed due to the pandemic. The asset consisted of 4 retail storefronts with Month to Month tenants. Ultimately, we sourced a non-contingent all cash buyer with a three business day close. The property traded at a sub 2.5% Cap Rate on current income.

SALE PRICE: $1,350,000

 

MULTI-TENANT RETAIL | PRIME WOODLAND HILLS LOCATION

THE TEAM

HIGHLIGHTS

Covid-19 Closing | Multiple Offers
Closed Escrow in 3 Business Days!
Non-Contingent Day 1 | $1.350 Million Passed through to Seller at Open of Escrow
Generated Multiple Offers within a Few Days of Marketing
All Cash Offer | Three Business Day Close | 2.44% CAP Rate
3,787 SF Building & 6,851 SF Lot | Excellent Parking in Rear
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Ethan Donel

Investment Associate

310-300-3179 Direct

310-986-7697 Mobile

Ethan@HirthGroup.com

License CA: 02059315

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Alex Reyhan

Vice President Investments

310-300-3181 Direct

310-259-3939 Mobile

Alex@HirthGroup.com

License CA: 02005428

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Daniel Hirth

Managing Director

310.300.2838 Direct

818.201.5268 Mobile

Daniel@HirthGroup.com

License CA: 01515796

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010