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1850-1854 Hillhurst Ave, Lo...

Eileen Moon Acquires Mixed-Use Property In Los Feliz For $2.9M
SOLDMixed-use

Eileen Moon Acquires Mixed-Use Property In Los Feliz For $2.9M

1850-1854 Hillhurst Ave, Los Angeles, CA 90027

$2,943,000

$912/SF

Building Size

3,224 SF

Asset Type

Mixed-use

Closing

Jan 11, 2022

AI

Located in Los Feliz, 1850-1854 Hillhurst Ave. is a mixed-use property that recently changed ownership. The transaction took place on January 11, 2022.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,943,000
  • Address: 1850-1854 Hillhurst Ave.
  • Market: Los Feliz

The buyer of the property is Eileen Moon, while John Smaldino is the seller. Representing the buyer is Max Lee, and Lorena Tomb and Diana Shamiryan of Urbanlime Real Estate represent the seller.

The property spans 3,224 square feet and was sold for a price of $912 per square foot.

Players

Lorena Tomb

Urbanlime Real Estate

Broker

$45.9M

vol

11 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

5.39%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93