Updated Dec 19, 2023
Brett Alphin Brokers $5.9M Sale Of East Hollywood Development Site
1141 North Vermont Avenue, Los Angeles, CA 90029, USA
$5,900,000
$327/SF
Building Size
18,000 SF
Asset Type
Development Site
Closing
Dec 2, 2019
About this deal
AI
A development site in East Hollywood has been sold for $5,900,000. The property is located at 1141 N Vermont Ave and spans 18,000 square feet. The price per square foot is $327.78.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $5,900,000
- Address: 1141 N Vermont Ave, East Hollywood
- Square Footage: 18,000
- Price per Square Foot: $327.78
The sale of this development site was facilitated by Brett Alphin of an undisclosed brokerage.
The development site sale at 1141 North Vermont Avenue, Los Angeles, CA 90029, USA in Los Angeles, California sold for $5.9M in 2019. The building is 18,000 square feet, implying about 327 per square foot on the published price. Brett Alphin, Compass appear on the sale alongside Compass. This page is the Los Angeles, California file for the 1141 North Vermont Avenue, Los Angeles, CA 90029, USA development site sold: pricing, party profiles, and other closed development site comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles development site set by closing date to see what else sold near 1141 North Vermont Avenue, Los Angeles, CA 90029, USA around 2019. Published consideration for 1141 North Vermont Avenue, Los Angeles, CA 90029, USA is $5.9M, dated 2019. Cite this Brett Alphin Brokers $5.9M Sale Of East Hollywood Development Site sale when underwriting similar development site product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93