Josh Golcheh, Rafi Jacobi, And Kyle Pari Acquire Whittier Development Site For $1.1M
SOLD
California
See Similar DealsDevelopment Site15,000 SF
Sold 01/12/2021
SOLD
Josh Golcheh, Rafi Jacobi, And Kyle Pari Acquire Whittier Development Site For $1.1M
11771 Washington Blvd, Whittier, CA, USA
See Similar DealsDevelopment Site15,000 SF
Sold 01/12/2021
Summary
CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$73
Total Square Footage:15,000 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
Is there something missing? Send suggestions
