Small Family Partnership Sells Development Site In Los Angeles For $4.1M
SOLD
California
See Similar DealsDevelopment Site8,904 SF
Sold 11/03/2020
SOLD
Small Family Partnership Sells Development Site In Los Angeles For $4.1M
5770 South Anderson Street, Los Angeles, CA, USA
See Similar DealsDevelopment Site8,904 SF
Sold 11/03/2020
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
- Property Type: Development Site
- Transaction Amount: $4,127,000
The sale of the development site was facilitated by brokers Eric Cohen, Kyle Pari, and Rafi Jacobi.
Players
Details
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
30 years
10 years
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
Is there something missing? Send suggestions
