SOLDDevelopment Site
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
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.
Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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