1035 Venice Blvd Development Site Sold For $6.35M By Mick Moody, Mark Tarczynski & Adam Tischer
1035 Venice Blvd, Los Angeles, CA, USA
$6,350,000
$157/SF
Building Size
40,292 SF
Asset Type
Development Site
Closing
Nov 12, 2020
AI
A development site located at 1035 Venice Blvd. in Los Angeles has been sold for $6,350,000. The property spans 40,292 square feet, resulting in a price per square foot of $157. The transaction took place on November 13, 2020. The sale was facilitated by Mick Moody, Mark Tarczynski, and Adam Tischer.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,350,000
- Square Footage: 40,292
- Price per Square Foot: $157
- Date: November 13, 2020
- Address: 1035 Venice Blvd.
- Market: Los Angeles
The sale of this development site on Venice Blvd. in Los Angeles was handled by Mick Moody, Mark Tarczynski, and Adam Tischer. They represented the seller in the transaction.
Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93