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1608 Sawtelle Boulevard, Lo...

A. Behnia Sells Mixed-Use Property On Sawtelle Blvd In Westside LA For $3.8M
SOLDMixed-use

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

Jake Zacuto

Zacuto Group

Broker

$368.6M

vol

59 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

4.21%

Cash-on-Cash

-1.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93