facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Development Site

/

Sale

/

220 South Berendo Street, L...

Updated Sep 9, 2024

Bilt advertisement
Dovid Hirsch Acquires Development Site In Koreatown For $1.275M
SOLDDevelopment Site

Dovid Hirsch Acquires Development Site In Koreatown For $1.275M

220 South Berendo Street, Los Angeles, CA, USA

$1,275,000

$170/SF

Building Size

7,501 SF

Asset Type

Development Site

Closing

Sep 21, 2021

About this deal

AI

A development site located at 220 N. Berendo St. in Koreatown has been sold for a total of $1,275,000. The transaction took place on September 21, 2021. The property, which is a development site, was acquired by Dovid Hirsch from the seller, Julia A. Gomez.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,275,000
  • Address: 220 N. Berendo St.
  • Market: Koreatown

Ariel Sayani from Ariel Sayani's agency served as the broker in this deal.

The development site sale at 220 South Berendo Street, Los Angeles, CA, USA in Los Angeles, California sold for $1.3M in 2021. The building is 7,501 square feet, implying about 170 per square foot on the published price. Ariel Sayani, Dovid Hirsch, Kidder Mathews, Partners CRE appear on the sale alongside Kidder Mathews, Partners CRE. This page is the Los Angeles, California file for the 220 South Berendo Street, Los Angeles, CA, USA development site sold: pricing, party profiles, and other closed development site comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles development site set by closing date to see what else sold near 220 South Berendo Street, Los Angeles, CA, USA around 2021. Published consideration for 220 South Berendo Street, Los Angeles, CA, USA is $1.3M, dated 2021. Cite this Dovid Hirsch Acquires Development Site In Koreatown For $1.275M sale when underwriting similar development site product around Los Angeles, California.

Players

Ariel Sayani

Partners CRE

Broker

$69.5M

vol

25 deals

Broker
Kidder Mathews
Kidder MathewsBrokerage

Dovid Hirsch

Buyer

$2.8M

vol

2 deals

Buyer

Los Angeles Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Deal FAQ

About $170 per square foot on a published $1.3M for 7,501 square feet (2021).

Visit Ariel Sayani to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets