Updated Dec 19, 2023
DAUM Commercial Real Estate Services Brokers $11.6M Sale Of Mixed-use Property In Downtown Los Angeles
608 Mateo Street, Los Angeles, California 90021, United States
$11,600,000
$840/SF
Building Size
13,800 SF
Asset Type
Mixed-use
Closing
Jul 12, 2022
About this deal
AI
The mixed-use property located at 608 Mateo St. in Downtown Los Angeles has been sold for a total of $11,600,000. The property spans 13,800 square feet, resulting in a price per square foot of $840. The transaction took place on July 13, 2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $11,600,000
- Square Footage: 13,800
- Price per Square Foot: $840
The sale was facilitated by brokers David Muir and Carlos Castillo from DAUM Commercial Real Estate Services.
The mixed use sale at 608 Mateo Street, Los Angeles, California 90021, United States in Los Angeles, California sold for $11.6M in 2022. The building is 13,800 square feet, implying about 840 per square foot on the published price. Carlos Castillo, David Muir, Daum Commercial Real Estate Services appear on the sale alongside Daum Commercial Real Estate Services. This page is the Los Angeles, California file for the 608 Mateo Street, Los Angeles, California 90021, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles mixed use set by closing date to see what else sold near 608 Mateo Street, Los Angeles, California 90021, United States around 2022. Published consideration for 608 Mateo Street, Los Angeles, California 90021, United States is $11.6M, dated 2022. Cite this DAUM Commercial Real Estate Services Brokers $11.6M Sale Of Mixed-use Property In Downtown Los Angeles sale when underwriting similar mixed use product around Los Angeles, California.
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
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93