Elizabeth Clark And Kris Lowry Of Compass Commercial Sell Mixed-Use Property In Highland Park For $1.8M
6732 North Figueroa Street, Highland Park, Los Angeles, CA, USA
$1,800,000
$238/SF
Building Size
7,558 SF
Asset Type
Mixed-use
Closing
Feb 13, 2020
AI
A mixed-use property located at 6726 N Figueroa Street and 6732 N Figueroa Street in Highland Park has been sold for $1,800,000. The property spans over 7,558 square feet, resulting in a price per square foot of $238.16. The sale was facilitated by brokers Elizabeth Clark and Kris Lowry from Compass Commercial. Sold with multiple offers, the transaction concluded on February 14, 2020.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,800,000
- Address: 6726 N Figueroa Street, 6732 N Figueroa Street
- Market: Highland Park
- Square Footage: 7,558
- Price Per Square Foot: $238.16
- Buyer: Edit Keshishyan
- Seller: David Ferris
- Brokers: Elizabeth Clark, Kris Lowry - Compass Commercial
The transaction of this mixed-use property was successfully finalized with the involvement of Buyer Edit Keshishyan, Seller David Ferris, and brokers Elizabeth Clark and Kris Lowry from Compass Commercial. The property garnered multiple offers.
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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93