Nicole Bordeaux Acquires Mixed-Use Property On Rose Ave. In Venice For $4.2M
665 Rose Ave, Venice, CA, USA
$4,195,000
$1,293/SF
Building Size
3,243 SF
Asset Type
Mixed-use
Closing
Nov 10, 2021
AI
The mixed-use property located at 665 Rose Ave in Venice has been sold for a price of $4,195,000. The property spans 3,243 square feet, resulting in a price per square foot of $1,293. The sale was completed on 11/10/2021.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $4,195,000
- Address: 665 Rose Ave
- Market: Venice
Nicole Bordeaux of Factor Investments LLC acquired the property, while John Reed and Marisa Reed of R&D Rose LLC acted as the sellers. The transaction was facilitated by Austin Brasch and Regina Vannicola of Compass.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93