Small Family Partnership Sells Development Site In Los Angeles For $4.1M
5770 South Anderson Street, Los Angeles, CA, USA
$4,127,000
$463/SF
Building Size
8,904 SF
Asset Type
Development Site
Closing
Nov 2, 2020
AI
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
Vernon 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
3.84%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93