facebook

traded

+ Submit
Home

/

Deals

/

California

/

Mixed Use

/

Sale

/

12034 Venice Blvd

JGR MAR VISTA LLC Acquires Mixed-use Property From BEHROUZ KHODAYARI And FARIDEH KHODAYARI For $2.35M
SOLDMixed-use

JGR MAR VISTA LLC Acquires Mixed-use Property From BEHROUZ KHODAYARI And FARIDEH KHODAYARI For $2.35M

12034 Venice Blvd

$2,350,000

$734/SF

Building Size

3,199 SF

Asset Type

Mixed-use

Closing

Jan 31, 2023

AI

This mixed-use property located at 12034 Venice Blvd in Los Angeles was sold for $2,350,000.00. The asset encompasses a total square footage of 3199.0 and has been a part of the local real estate market.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,350,000.00
  • Address: 12034 Venice Blvd
  • Market: Los Angeles
  • Square Footage: 3199.0
  • Buyer: JGR MAR VISTA LLC
  • Seller: Behrouz Khodayari, Farideh Khodayari
  • Broker Representatives: Jordan Rubinstein - Century Park Realty, Oron Maher, Jeremy Shore

The transaction involved key players such as the buyer JGR MAR VISTA LLC and seller Behrouz Khodayari along with Farideh Khodayari, who facilitated the deal through their respective brokers, Jordan Rubinstein of Century Park Realty, Oron Maher, and Jeremy Shore.

Players

Jordan Rubinstein

Century Park Realty

Broker

$220.1M

vol

27 deals

Broker
JL
JGR MAR VISTA LLCBuyer

BEHROUZ KHODAYARI, FARIDEH KHODAYARI

Seller
Seller

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93