facebook
Traded Co logo
Submit

Small Family Partnership Sells Development Site In Los Angeles For $4.1M

Property Image
SOLD
$4,127,000

California

See Similar Deals
Development Site8,904 SF
Sold 11/03/2020
the dealplayerscompscontact
Property Image
SOLD

Small Family Partnership Sells Development Site In Los Angeles For $4.1M

5770 South Anderson Street, Los Angeles, CA, USA

See Similar Deals
Development Site8,904 SF
Sold 11/03/2020
Contact now

Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$463
Total Square Footage:8,904 SF
Transaction Type:Sale

The Small Family Partnership has sold a development site located at 5770 S. Anderson St. in Los Angeles. The sale took place on November 3, 2020, for a price of $4,127,000. The site has a building square footage (BSF) of 22,000, resulting in a price per building square footage (PPBSF) of $187.

Summary of transaction details

The sale of the development site was facilitated by brokers Eric Cohen, Kyle Pari, and Rafi Jacobi.

Players

Kyle Pari
10 deals$29.5M volume(310) 499-8123
BROKER

Eric Cohen
8 deals$31M volume
BROKER

Rafi Jacobi
6 deals$14.4M volume(207) 990-3821
BROKER

Details

SOLD
IMAGE: @KylePari, Eric Cohen @Don_Yuda_Eric & @RafiJacobi DATE: 11/03/2020 ADDRESS: 5770 S. Anderson St. MARKET: Los Angeles ASSET TYPE: Development Site SELLER: The Small Family Partnership BROKERS: Eric Cohen, Kyle Pari & Rafi Jacobi PRICE: $4,127,000 BSF: 22,000 ~ PPBSF: $187

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$220,106.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,662.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,564.09
Annual Debt Service$234,769.03