facebook

traded

+ Submit
Home

/

Deals

/

California

/

Mixed Use

/

Sale

/

5528 Monte Vista St, Northe...

Ulysses Romero Acquires Mixed-Use Property On Monte Vista St. In Highland Park For $1.26M
SOLDMixed-use

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

$1,256,200

$286/SF

Building Size

4,383 SF

Asset Type

Mixed-use

Closing

Aug 30, 2021

AI

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.

Players

Martin Agnew

Marcus & Millichap

Broker

$450M

vol

123 deals

Broker

Donnalee Warren

Seller

$5.7M

vol

4 deals

Seller

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.63%

Cash-on-Cash

-3.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93