Lorin Caccamise Sells Mixed-Use Property In Los Angeles For $3.02M
10956 West Pico Boulevard & 10960 West Pico Boulevard
$3,025,000
$245/SF
Building Size
12,324 SF
Asset Type
Mixed-use
Closing
Jan 31, 2024
AI
A mixed-use property located at 10956-10960 West Pico Boulevard in Los Angeles has been sold for a total price of $3,025,000. The property spans a total of 6,162 square feet, resulting in a price per square foot of $491.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,025,000
- Square Footage: 6,162
- Price Per Square Foot: $491
- Address: 10956-10960 West Pico Boulevard, Los Angeles
- Market: Los Angeles
The seller of the property is Lorin Caccamise. Andrew Leff from The CREM Group represented the seller as the broker in this transaction.
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
5.24%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93