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3020 Sunset Blvd, Silver La...

Brock Harris Acquires Mixed-Use Property In Silver Lake For $1.35M
SOLDMixed-use

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

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.

Players

Ben Brownstein

Marcus & Millichap

Broker

$40.5M

vol

10 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93