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

Property Image
SOLD
$2,350,000

California

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Mixed-use3,199 SF
Sold 01/31/2023
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Property Image
SOLD

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

12034 Venice Blvd

See Similar Deals
Mixed-use3,199 SF
Sold 01/31/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$734
Total Square Footage:3,199 SF
Lot Square Footage:8172 SF
Transaction Type:Sale

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
Jordan Rubinstein
27 deals$220.1M volume
BROKER

Details

SOLD
IMAGE: 01/31/2023 ADDRESS: 12034 Venice Blvd MARKET: Los Angeles ASSET TYPE: Mixed-use BROKERS: Jordan Rubinstein(Century Park Realty), Oron Maher(), Jeremy Shore() BUYER: JGR MAR VISTA LLC SELLER: BEHROUZ KHODAYARI, FARIDEH KHODAYARI PRICE: $2,350,000.00 SF: 3199.0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$125,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39