Unknown Buyer Acquires Property At 1712 Pacific Coast Hwy Lomita For $2.4 Million
SOLD
$2,400,000
California
See Similar DealsSOLD
Unknown Buyer Acquires Property At 1712 Pacific Coast Hwy Lomita For $2.4 Million
1712 Pacific Coast Hwy, Lomita, CA, 9...
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CALIFORNIA
Transaction Type:Sale
The property involved in this transaction is located at 1712 Pacific Coast Hwy, Lomita, CA. It was sold for a total price of $2,400,000.00, and the square footage is recorded as 0. The market for this property is identified as Lomita.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $2,400,000.00
- Address: 1712 Pacific Coast Hwy, Lomita, CA
- Market: Lomita
- Seller's Representative: Matthew "Matt" Schwartz, Newmark
- Buyer: Unknown
- Seller: Not disclosed
Matthew "Matt" Schwartz from Newmark represented the seller in this transaction, facilitating the sale process. The identity of the buyer remains undisclosed, and the seller's information is also not provided.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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