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1139 Glendon Avenue

John Makhani Purchases Mixed-Use Property At 1139 Glendon Avenue Los Angeles For $6.2M
SOLDMixed-use

John Makhani Purchases Mixed-Use Property At 1139 Glendon Avenue Los Angeles For $6.2M

1139 Glendon Avenue

$6,200,000

$562/SF

Building Size

11,019 SF

Asset Type

Mixed-use

Closing

Apr 21, 2026

AI

A mixed-use asset located at 1139 Glendon Avenue in Los Angeles has been sold. The sale was finalized for $6,200,000, with a total square footage of 11,019, resulting in a price per square foot of $562.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $6,200,000
  • Address: 1139 Glendon Avenue
  • Market: Los Angeles
  • Square Footage: 11,019
  • Price Per Square Foot: $562
  • Buyer: John Makhani
  • Buyer's Representative: Lorena Tomb - Urbanlime Real Estate
  • Seller's Representatives: T.C. Macker & Woody Cook - WESTMAC Commercial Brokerage Company

The transaction involved key representatives in the field, with Lorena Tomb representing the buyer, John Makhani. The seller was represented by the brokerage team of T.C. Macker and Woody Cook from WESTMAC Commercial Brokerage Company.

Players

Lorena Tomb

Urbanlime Real Estate

Broker

$45.9M

vol

11 deals

Broker

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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93