Updated Dec 21, 2023
Floyd Shaheen And Rose O'Sullivan Acquire Mixed-Use Property In South LA For $750,000
7519 South Western Avenue, Los Angeles, CA 90047, USA
$750,000
$143/SF
Building Size
5,232 SF
Asset Type
Mixed-use
Closing
Mar 19, 2019
About this deal
AI
A mixed-use property located at 7519 S Western Ave in South LA has been sold for $750,000. The property spans an area of 5,232 square feet, resulting in a price per square foot of $143.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $750,000
- Address: 7519 S Western Ave
- Market: South LA
- Square Footage: 5,232
- Price per Square Foot: $143
The sale was facilitated by brokers Floyd Shaheen from @labandwagon, Rose O'Sullivan represented by @Rosaleen08, and Ferrel Solano.
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
21.15%
Cash-on-Cash
-6.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93