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
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