facebook

traded

+ Submit
Home

/

Deals

/

California

/

Development Site

/

Sale

/

5265 South Central Avenue, ...

David Yashar & Omid Saleh Broker Acquire Development Site In South Los Angeles For $1.57M
SOLDDevelopment Site

David Yashar & Omid Saleh Broker Acquire Development Site In South Los Angeles For $1.57M

5265 South Central Avenue, Los Angeles, CA, USA

$1,575,000

$56,250/SF

Building Size

28 SF

Asset Type

Development Site

Closing

Jun 29, 2020

AI

The development site located at 5265 S. Central Ave. in South Los Angeles has been sold for $1,575,000. The property spans a total of 12,350 square feet and has a price per square foot of $127. The transaction took place on June 29, 2021.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $1,575,000
  • Address: 5265 S. Central Ave.
  • Market: South Los Angeles
  • BSF: 12,350
  • PPBSF: $127

The sale of the development site was facilitated by brokers David Yashar and Omid Saleh. They represented the parties involved in the deal but are not the buyers or sellers themselves.

Players

David Yashar

Keller Williams Realty

Broker

$25.9M

vol

8 deals

Broker

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

10.07%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93