Brock Harris Acquires Mixed-Use Property In Silver Lake For $1.35M
SOLD
$1,350,000
+ 1
California
See Similar DealsMixed-use2,050 SF
Sold 05/27/2021
SOLD
Brock Harris Acquires Mixed-Use Property In Silver Lake For $1.35M
3020 Sunset Blvd, Silver Lake, Los Angeles, CA, USA
See Similar DealsMixed-use2,050 SF
Sold 05/27/2021
+ 1
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$658
Total Square Footage:2,050 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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