A. Behnia Sells Mixed-Use Property On Sawtelle Blvd In Westside LA For $3.8M
1608 Sawtelle Boulevard, Los Angeles, CA 90025, USA
$3,765,000
$627/SF
Building Size
6,000 SF
Asset Type
Mixed-use
Closing
May 24, 2020
AI
A mixed-use property located at 1608 Sawtelle Boulevard in Westside Los Angeles was recently sold for a price of $3,765,000. The property spans approximately 6,000 square feet, resulting in a price per square foot of $627. The sale took place on May 24, 2021.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,765,000
- Address: 1608 Sawtelle Boulevard
- Market: Westside Los Angeles
The seller of the property was A. Behnia. The sale was facilitated by brokers Jake Zacuto from Zacuto Group, Leor Binshtock, and Travis Landrum. Zacuto Group, Leor_S_B, and Travlandrum represented A. Behnia in the 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
4.21%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93