Updated Mar 3, 2025
Josh Golcheh, Rafi Jacobi, And Kyle Pari Acquire Whittier Development Site For $1.1M
11771 Washington Blvd, Whittier, CA, USA
$1,100,000
$73/SF
Building Size
15,000 SF
Asset Type
Development Site
Closing
Jan 11, 2021
About this deal
AI
A development site located at 11771 Washington Blvd. in Whittier has been sold for a transaction price of $1,100,000. The property spans 15,000 square feet and has a price per buildable square foot (PPBSF) of $73. The sale took place on January 12, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,100,000
- Address: 11771 Washington Blvd.
- Market: Whittier
- BSF: 15,000
- PPBSF: $73
Josh Golcheh, Rafi Jacobi, and Kyle Pari were the buyers involved in this transaction.
The development site sale at 11771 Washington Blvd, Whittier, CA, USA in Whittier, California sold for $1.1M in 2021. The building is 15,000 square feet, implying about 73 per square foot on the published price. Rafi Jacobi, Kyle Pari, Matthews appear on the sale alongside Matthews. This page is the Whittier, California file for the 11771 Washington Blvd, Whittier, CA, USA development site sold: pricing, party profiles, and other closed development site comps from the same Whittier sit in the Market section below. Filter that Whittier development site set by closing date to see what else sold near 11771 Washington Blvd, Whittier, CA, USA around 2021. Published consideration for 11771 Washington Blvd, Whittier, CA, USA is $1.1M, dated 2021. Cite this Josh Golcheh, Rafi Jacobi, And Kyle Pari Acquire Whittier Development Site For $1.1M sale when underwriting similar development site product around Whittier, California.
Players
Whittier 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93