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3965 E Olympic Blvd, Los An...

Updated Oct 29, 2024

Y&P Cesar LLC Acquires Property On E Olympic Blvd For $2.6M
SOLDDevelopment Site

Y&P Cesar LLC Acquires Property On E Olympic Blvd For $2.6M

3965 E Olympic Blvd, Los Angeles, CA, USA

$2,600,000

$46/SF

Building Size

56,000 SF

Asset Type

Development Site

Closing

Sep 13, 2018

About this deal

AI

Located at 3965 E Olympic Blvd, this property was sold on September 14, 2018. The transaction involved a sale for a price of $2,600,000. The property spans a total of 56,000 square feet, resulting in a price per square foot of $46. The buyer of the property was Y&P Cesar LLC, while the seller's identity remains confidential.

Summary of transaction details

  • Property Type: Sale
  • Transaction Amount: $2,600,000
  • Address: 3965 E Olympic Blvd
  • Square Footage: 56,000
  • Price per Square Foot: $46
  • Buyer: Y&P Cesar LLC
  • Seller: Confidential

Throughout the deal, Cobby Pourtavosi played a crucial role as the broker representative for this transaction.

Players

Los Angeles Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $46 per square foot on a published $2.6M for 56,000 square feet (2018).

Browse California development site sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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