2037 Jefferson LLC Acquires Land From Sharp Holdings LLC For $1.125M In Los Angeles
SOLD
$1,125,000
California
See Similar DealsLand
Sold 12/26/2024
SOLD
2037 Jefferson LLC Acquires Land From Sharp Holdings LLC For $1.125M In Los Angeles
2037 W Jefferson Blvd
See Similar DealsLand
Sold 12/26/2024
Summary
CALIFORNIA
Asset Type:Land
Lot Square Footage:10409 SF
Transaction Type:Sale
The asset involved in this transaction is land located at 2037 W Jefferson Blvd in the Los Angeles market. The sale price for this property was $1,125,000.00.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,125,000.00
- Address: 2037 W Jefferson Blvd
- Market: Los Angeles
- Buyer: 2037 Jefferson, LLC
- Seller: Sharp Holdings, LLC
- Broker: Joe Bolognese
In this transaction, the buyer is represented by 2037 Jefferson, LLC, while the seller is represented by Sharp Holdings, LLC. The broker facilitating the deal is Joe Bolognese.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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