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4247 Eagle Rock Boulevard, ...

BAG Investments Acquires Mixed-Use Property In Eagle Rock For $28.7M
SOLDMixed-use

BAG Investments Acquires Mixed-Use Property In Eagle Rock For $28.7M

4247 Eagle Rock Boulevard, Los Angeles, California 90065, United States

$28,700,000

$562/SF

Building Size

51,000 SF

Asset Type

Mixed-use

Closing

Dec 29, 2021

AI

An Eagle Rock mixed-use property located at 4247 N. Eagle Rock Blvd. has been sold for a total of $28,700,000. The transaction was completed on December 29, 2021. The property spans approximately 51,000 square feet, resulting in a price per square foot of $562.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $28,700,000
  • Date: December 29, 2021
  • Address: 4247 N. Eagle Rock Blvd.
  • Market: Eagle Rock

The buyer in this transaction is BAG Investments and the seller is Roundhouse. The deal was facilitated by Paul Darrow, who represented the buyer as a broker from THG Multifamily, a division of Marcus & Millichap. No additional information regarding the individuals or companies involved in the transaction has been provided.

Players

Paul Darrow

Walker & Dunlop

Broker

$216.2M

vol

16 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93