Updated Oct 29, 2024
Lenton Properties Acquires Commercial Asset In West Hollywood For $16.9M
8811 Beverly Boulevard, West Hollywood, Los Angeles, CA 90048, USA
$16,948,500
$1,845/SF
Building Size
9,185 SF
Asset Type
Commercial
Closing
Feb 27, 2018
About this deal
AI
The property involved in this transaction is a commercial asset located at 8811 Beverly Blvd in Los Angeles. The property is situated in the West Hollywood market and spans approximately 9,185 square feet. The sale took place on February 28, 2018, with a total price of $16,948,500. This amounts to a price per square foot of $1,845.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $16,948,500
- Address: 8811 Beverly Blvd, Los Angeles
- Market: West Hollywood
- Square Footage: 9,185 sf
- Seller: The Barrett, Comfort & Keyser Family Trust
- Buyer: Lenton Properties - Shirin Yousefzadeh Akhtarzad
The sale was facilitated by Lenton Properties, represented by Shirin Yousefzadeh Akhtarzad as their broker. The property was sold by The Barrett, Comfort & Keyser Family Trust.
Players
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Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93