SOLDLand
2037 Jefferson LLC Acquires Land From Sharp Holdings LLC For $1.125M In Los Angeles
2037 W Jefferson Blvd
$1,125,000
Building Size
—
Asset Type
Land
Closing
Dec 26, 2024
AI
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
Los Angeles Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93