Steven Lanspring Acquires Mixed-Use Property In Highland Park For $1.17M
SOLD
$1,170,000
+ 1
California
See Similar DealsMixed-use3,118 SF
Sold 05/31/2022
SOLD
Steven Lanspring Acquires Mixed-Use Property In Highland Park For $1.17M
5918 York Boulevard, Los Angeles, California 90042, United States
See Similar DealsMixed-use3,118 SF
Sold 05/31/2022
+ 1
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$375
Total Square Footage:3,118 SF
Transaction Type:Sale
A mixed-use property located at 5918 York Blvd. in Highland Park has been recently sold for a total of $1,170,000. The property spans across 3,118 square feet, resulting in a price per square foot of $375. The transaction took place on May 31, 2022.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,170,000
- Address: 5918 York Blvd.
- Market: Highland Park
- Square Footage: 3,118
- Buyer: Mr. Steven Lanspring
- Seller: Mr. Jorge Calderon & Mrs. Lilian Calderon
- Buyer’s Rep: Earle Hyman - Marcus & Millichap
- Seller’s Rep: Martin Agnew, Klyvia Iha & Ryan Serling - Agnew-Serling Group
The buyer, Mr. Steven Lanspring, was represented by Earle Hyman from Marcus & Millichap, while the seller, Mr. Jorge Calderon and Mrs. Lilian Calderon, worked with Martin Agnew, Klyvia Iha, and Ryan Serling from the Agnew-Serling Group. The transaction showcases the collaboration between these key individuals and companies in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,156.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,546.40
Annual Debt Service$66,556.76
Is there something missing? Send suggestions