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4300 South Vermont Avenue, ...

Updated Sep 9, 2024

Jerri Jefferson Sells Development Site In Los Angeles For $1.15M
SOLDDevelopment Site

Jerri Jefferson Sells Development Site In Los Angeles For $1.15M

4300 South Vermont Avenue, Los Angeles, CA 90037

$1,150,000

$172/SF

Building Size

6,683 SF

Asset Type

Development Site

Closing

Dec 1, 2021

About this deal

AI

A development site located at 4300 S. Vermont Avenue in Los Angeles has been sold for a price of $1,150,000. The property spans 6,683 square feet and has a price per square foot of $172.

Summary of transaction details

The seller of the property was Jerri Jefferson. Representing the seller in the deal was Eric S. Chavez, CCIM from Chavez & Associates REBF Inc.

The development site sale at 4300 South Vermont Avenue, Los Angeles, CA 90037 in Los Angeles, California sold for $1.2M in 2021. The building is 6,683 square feet, implying about 172 per square foot on the published price. Eric S. Chavez, CCIM, EXP Realty appear on the sale alongside EXP Realty. This page is the Los Angeles, California file for the 4300 South Vermont Avenue, Los Angeles, CA 90037 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 4300 South Vermont Avenue, Los Angeles, CA 90037 around 2021. Published consideration for 4300 South Vermont Avenue, Los Angeles, CA 90037 is $1.2M, dated 2021. Cite this Jerri Jefferson Sells Development Site In Los Angeles For $1.15M sale when underwriting similar development site product around Los Angeles, California.

Players

Eric S. Chavez, CCIM
Verified Badge

Eric S. Chavez, CCIM

CAREBf, Inc.

Broker

$39M

vol

13 deals

Broker

Los Angeles Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $172 per square foot on a published $1.2M for 6,683 square feet (2021).

Visit Eric S. Chavez, CCIM to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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