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2301 W Jefferson Blvd Los A...

Updated Sep 9, 2024

Ricky & Niesha Koen Sell Mixed-Use Property In Los Angeles For $1.8M
SOLDMixed-use

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

Ian Michael

Circle Real Estate

Broker

$1.8M

vol

1 deal

Broker

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $303 per square foot on a published $1.8M for 6,040 square feet (2023).

Visit Circle Real Estate to view all their deals.

Browse California mixed use sales on Traded.

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

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