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3860 East 3rd Street, Los A...

Updated Nov 20, 2023

Justin Kohanoff Sells Mix-Use Property In Los Angeles For $2.95M
SOLDMixed-use

Justin Kohanoff Sells Mix-Use Property In Los Angeles For $2.95M

3860 East 3rd Street, Los Angeles, CA, USA

$2,950,000

$67/SF

Building Size

43,500 SF

Asset Type

Mixed-use

Closing

Oct 1, 2018

About this deal

AI

The mixed-use property located at 3860 E 3rd St in Los Angeles has been sold for a price of $2,950,000. The property encompasses a total area of 43,500 square feet, resulting in a price per square foot of $67. Justin Kohanoff was the seller in this transaction.

Summary of transaction details

  • Property Type: Mix use
  • Transaction Amount: $2,950,000
  • Address: 3860 E 3rd St, Los Angeles
  • Square footage: 43,500
  • Price per square foot: $67
  • Seller: Justin Kohanoff

This sale was completed on 10/02/2018. The details of the buyer, financing, and any other parties involved in the transaction were not provided.

Players

Long Beach Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $67 per square foot on a published $3M for 43,500 square feet (2018).

Browse Long Beach mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.38%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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