Updated Sep 9, 2024
Brock Harris Acquires Mixed-Use Property In Silver Lake For $1.35M
3020 Sunset Blvd, Silver Lake, Los Angeles, CA, USA
$1,350,000
$658/SF
Building Size
2,050 SF
Asset Type
Mixed-use
Closing
May 26, 2021
About this deal
AI
Located in the Silver Lake market, the mixed-use property at 3020 Sunset Blvd. has been sold. The transaction took place on May 27, 2021, with a sale price of $1,350,000. The property spans approximately 2,050 square feet, resulting in a price per square foot of $658.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,350,000
- Address: 3020 Sunset Blvd.
- Market: Silver Lake
The buyer of the property is Brock Harris, and the seller is Ava K. Kuhn. The deal was facilitated by brokers Brandon Michaels, Matthew Luchs, Andrew Leff, and Ben Brownstein.
On the Map
$1,350,000
$658/SF
Mixed-use
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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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93