Updated Dec 19, 2023
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
About this deal
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.
On the Map
$1,256,200
$286/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
12.63%
Cash-on-Cash
-3.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93