Updated Sep 5, 2024
Rob Yoni Acquires Development Site In El Sereno For $1.1M
5306 Oakland Street, Los Angeles, California 90032, United States
$1,100,000
$183/SF
Building Size
6,000 SF
Asset Type
Development Site
Closing
Mar 31, 2022
About this deal
AI
Located in El Sereno, the development site at 5306 Oakland St. has been sold for $1,100,000. The property spans 6,000 square feet, with a price per buildable square foot (PPBSF) of $183.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,100,000
- Buyer: Rob Yoni
- Seller: Adam Schafer
- Broker: Kevin Daniali - Keller Williams Beverly Hills
- Address: 5306 Oakland St.
- Market: El Sereno
- BSF: 6,000
- PPBSF: $183
Represented by Kevin Daniali from Keller Williams Beverly Hills, the successful transaction was finalized on 04/01/2022.
Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Kevin Daniali 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93