Ulysses Romero Acquires Mixed-Use Property On Monte Vista St. In Highland Park For $1.26M
SOLD
$1,256,200
+ 2
California
See Similar DealsMixed-use4,383 SF
Sold 08/30/2021
SOLD
Ulysses Romero Acquires Mixed-Use Property On Monte Vista St. In Highland Park For $1.26M
5528 Monte Vista St, Northeast Los Angeles, Los Angeles, CA, USA
See Similar DealsMixed-use4,383 SF
Sold 08/30/2021
+ 2
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$286
Total Square Footage:4,383 SF
Transaction Type:Sale
The mixed-use property located at 5524-5528 Monte Vista St. in Highland Park has been sold. The property spans 4,383 square feet and was sold for a total of $1,256,200, resulting in a price per square foot of $286. The transaction took place on August 30, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,256,200
- Date: 08/30/2021
- Address: 5524-5528 Monte Vista St.
- Market: Highland Park
The buyer of the property is Ulysses Romero, while the sellers are Donnalee Warren and Dorothy Whiting. The sale was facilitated by Brad Wetherby, Ryan Serling, and Martin Agnew, who represented the seller. They are affiliated with Marcus & Millichap.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,997.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,463.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,955.03
Annual Debt Service$71,460.35
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