Updated Nov 22, 2023
Kambiz Kamdar Acquires Development Site In West Lake For $4.45M
1930 West 6th Street, Los Angeles, CA 90057, USA
$4,450,000
$337/SF
Building Size
13,200 SF
Asset Type
Development Site
Closing
Dec 2, 2018
About this deal
AI
Located in the West Lake market, the development site at 1930 W 6th Street recently sold for $4,450,000. This property spans across 13,158 square feet and has a price per buildable square foot (PPBSF) of $338. The transaction took place on 12/03/2018 and was facilitated by Mark Zakarian of an undisclosed agency.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,450,000
- Address: 1930 W 6th Street
- Market: West Lake
- Square Footage: 13,158
- PPBSF: $338
Kambiz Kamdar acquired the property from Ronald Beard in the transaction. Mark Zakarian from an undisclosed agency represented the seller, Ronald Beard.
On the Map
$4,450,000
$337/SF
Development Site
View full map
Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Zakarian to view all their deals.
Browse California development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93