Updated Oct 29, 2024
Ivan Diaz Acquires Development Site In East Hollywood For $6.25M With Brokers Oron Maher & Jeremy Shore
4065 Oakwood Avenue
$6,250,000
$78/SF
Building Size
80,000 SF
Asset Type
Development Site
Closing
Dec 21, 2020
About this deal
AI
A development site located at 4065 Oakwood Ave in East Hollywood has been sold for $6,250,000. The transaction took place on December 21, 2020. The property spans 80,000 square feet and has a price per buildable square foot of $78. It is situated in a desirable location in the East Hollywood market.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $6,250,000
- Address: 4065 Oakwood Ave
- Market: East Hollywood
- Buyer: Ivan Diaz
- Seller: Oakwood Properties, LLC
The buyer, Ivan Diaz, acquired the property from Oakwood Properties, LLC. The deal was facilitated by Oron Maher and Jeremy Shore from Maher Commercial Realty. Oron Maher and Jeremy Shore represented Ivan Diaz in the transaction.
On the Map
$6,250,000
$78/SF
Development Site
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Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93