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Peter Galindo Of Galindo Trust Sells Mixed-Use Property In Los Angeles For $3.075M

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SOLD
$3,075,000

California

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Mixed-use27,448 SF
Sold 05/20/2024
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Property Image
SOLD

Peter Galindo Of Galindo Trust Sells Mixed-Use Property In Los Angeles For $3.075M

3937 East Cesar E Chavez Avenue & 3949 E Cesar E Chavez Avenue

See Similar Deals
Mixed-use27,448 SF
Sold 05/20/2024
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$112
Total Square Footage:27,448 SF
Transaction Type:Sale

The property involved in this transaction is a mixed-use asset located at 3937-3949 E Cesar E Chavez Avenue in Los Angeles. The sale price of the property was $3,075,000, and it encompasses a total square footage of 13,724, with a price per square foot of $224.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,075,000
  • Address: 3937-3949 E Cesar E Chavez Avenue
  • Market: Los Angeles
  • Seller: Peter Galindo - Galindo Trust
  • Broker Representatives: Andrew Leff & Mark Cianciulli - The CREM Group
  • Square Footage: 13,724
  • Price per Square Foot: $224

The deal was facilitated by brokers Andrew Leff and Mark Cianciulli from The CREM Group, representing the seller, Peter Galindo of the Galindo Trust. The transaction showcases the involvement of these key individuals who played critical roles in the successful completion of the sale.

Players

Andrew Leff
27 deals$100.9M volume
BROKER

Mark Cianciulli
The CREM Group
5 deals$11.7M volume(323) 208-9512
BROKER

Details

SOLD
IMAGE: Andrew Leff & Mark Cianciulli DATE: 05/20/2024 ADDRESS: 3937-3949 E Cesar E Chavez Avenue MARKET: Los Angeles ASSET TYPE: Mixed-use SELLER: Peter Galindo - Galindo Trust BROKERS: Andrew Leff & Mark Cianciulli (@Mark_CremGroup) - The CREM Group (@TheCREMGroup) SALE PRICE: $3,075,000 SF: 13,724 ~ PPSF: $224

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,924.83
Cash-on-Cash Return-1.27%
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