Updated Aug 26, 2026
Alan Huerta Acquires Development Site In Los Angeles For $1,285,000 Represented By Gus Rodriguez
$1,285,000
$1,065/SF
Building Size
1,206 SF
Asset Type
Development Site
Closing
Aug 18, 2026
About this deal
AI
A development site located in Los Angeles has been successfully sold. The sale was finalized for a price of $1,285,000. The property covers an area of 1,206 square feet, resulting in a price per square foot of $1,065.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,285,000
- Buyer: Alan Huerta
- Seller: Alan Cohn
- Broker: Gus Rodriguez - Real Brokerage
- Sale Date: 08/18/2026
- Market: Los Angeles
- Square Footage: 1,206
- Price per Square Foot: $1,065
Alan Huerta, the buyer, has expressed a desire for further development opportunities in the Mar Vista area, indicating his intention to engage with more potential deals in the future.
Market Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.34%
Cash-on-Cash
-3.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93