Updated Dec 21, 2023
Nerses Aposhian Acquires Mixed-Use Property In West Los Angeles For $4.1M
11300 Nebraska Avenue, Los Angeles, CA 90025
$4,100,000
$1,019/SF
Building Size
4,023 SF
Asset Type
Mixed-use
Closing
Jan 28, 2022
About this deal
AI
A mixed-use property located at 11300 Nebraska Avenue in West Los Angeles' Japantown has been sold for $4,100,000. The property spans 4,023 square feet, resulting in a price per square foot of $1,019. The sale was completed on January 28, 2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,100,000
- Square Footage: 4,023
- Price Per Square Foot: $1,019
- Address: 11300 Nebraska Avenue, West Los Angeles, Japantown
- Buyer: Nerses Aposhian
- Seller: Paul Bautista
- Brokers: Daniel Hirth & Alex Reyhan - The Hirth Group
The sale of the property was facilitated by Daniel Hirth and Alex Reyhan from The Hirth Group, who represented the buyer and seller, respectively. The transaction highlights the involvement of key individuals and companies, emphasizing the role of brokers in closed property deals.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93