Updated Dec 19, 2023
Apollo Advisors Group Acquires Mixed-Use Property In Mid-City For $1.8M
4865 W Washington Blvd, Mid City, Los Angeles, CA, USA
$1,800,000
$434/SF
Building Size
4,147 SF
Asset Type
Mixed-use
Closing
Feb 28, 2021
About this deal
AI
The mixed-use property located at 4865-4869 W. Washington Blvd. in the Mid-City market has been sold for a price of $1,800,000. The property spans across 4,147 square feet, resulting in a price per square foot of $434. The transaction took place on March 1, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,800,000
Rafael Lopez and Dan Lewin from Apollo Advisors Group represented the buyer in the deal, while Floyd Shaheen and Emily Shikhvarger were the seller's representatives.
On the Map
$1,800,000
$434/SF
Mixed-use
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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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93