Updated Sep 9, 2024
Ricky & Niesha Koen Sell Mixed-Use Property In Los Angeles For $1.8M
2301 W Jefferson Blvd Los Angeles, CA 90018, USA
$1,835,000
$303/SF
Building Size
6,040 SF
Asset Type
Mixed-use
Closing
Jul 17, 2023
About this deal
AI
Located at 2301 West Jefferson Boulevard in Los Angeles, this mixed-use property was recently sold in a closed transaction. The seller of the property was Ricky & Niesha Koen. Representing the sellers in this deal was Ian Michael from The Luxure La Group, who worked alongside Circle Real Estate.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $1,835,000
- Square Footage: 6,040 SF
- Price per Square Foot: $304
- Market: Los Angeles
The transaction took place on the sale date of 07/17/2023. The property encompasses 6,040 square feet, with a sale price of $1,835,000, resulting in a price per square foot of $304. The mixed-use property offers a versatile space that combines residential and commercial functionalities, catering to different types of occupants.
Ricky & Niesha Koen entrusted Ian Michael from The Luxure La Group, in collaboration with Circle Real Estate, to represent them as sellers in this transaction. These professionals played a crucial role in facilitating the sale, ensuring a smooth and successful closing.
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
8.64%
Cash-on-Cash
-2.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93