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
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.
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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