Updated Sep 9, 2024
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
- Property Type: Development Site
- Transaction Amount: $1,150,000
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.
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Eric S. Chavez, CCIM 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93