A. Behnia Sells Mixed-Use Property On Sawtelle Blvd In Westside LA For $3.8M
SOLD
$3,765,000
California
See Similar DealsMixed-use6,000 SF
Sold 05/24/2020
SOLD
A. Behnia Sells Mixed-Use Property On Sawtelle Blvd In Westside LA For $3.8M
1608 Sawtelle Boulevard, Los Angeles, CA 90025, USA
See Similar DealsMixed-use6,000 SF
Sold 05/24/2020
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$627
Total Square Footage:6,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$200,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,376.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,848.02
Annual Debt Service$214,176.25
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