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
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.
Players
Whittier 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93