Compass Brokers Elizabeth Clark & Kris Lowry Facilitate $3.1M Sale Of Mixed-use Property In Historic West Adams
4321 W Adams Blvd, Historic South Central, Los Angeles, CA, USA
$3,100,000
$306/SF
Building Size
10,128 SF
Asset Type
Mixed-use
Closing
Jun 18, 2019
AI
In a recent transaction, a mixed-use property located at 4321 W Adams in Historic West Adams was sold for $3,100,000. The property spans across 10,128 square feet, resulting in a price of $306 per square foot.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,100,000
- Square Footage: 10,128
- Price per Square Foot: $306
- Address: 4321 W Adams
- Market: Historic West Adams
The sellers of the property were Kenneth & Susan Rinker and Don Cribb. The transaction was facilitated by brokers Elizabeth Clark and Kris Lowry from Compass.
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93