Corey Fenig Acquires Mixed-use Property In Los Angeles For $1,000,000 With Seller's Rep T.C. Macker & Woody Cook
10918 West Pico Boulevard
$1,000,000
$446/SF
Building Size
2,240 SF
Asset Type
Mixed-use
Closing
Apr 21, 2026
AI
The property asset involved in the transaction is a mixed-use building located at 10918 West Pico Boulevard in the Los Angeles market. The sale price of the property was $1,000,000, covering a total square footage of 2,240, which translates to a price per square foot of $446.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,000,000
- Address: 10918 West Pico Boulevard
- Market: Los Angeles
- Square Footage: 2,240
- Price per Square Foot: $446
- Buyer: Corey Fenig
- Seller: Joseph Zepkin
- Seller's Representative: T.C. Macker & Woody Cook - WESTMAC Commercial Brokerage Company
Corey Fenig acquired the property from Joseph Zepkin, with T.C. Macker and Woody Cook representing the seller in the transaction through their agency, WESTMAC Commercial Brokerage Company.
Players
Los Angeles Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93