Updated Oct 19, 2026
Maverick Capital Acquires Mixed-use Property In Los Angeles For $1.1M
7701 South Broadway, Los Angeles, CA, USA
$1,100,000
$240/SF
Building Size
4,582 SF
Asset Type
Mixed-use
Closing
Jul 14, 2020
About this deal
AI
A mixed-use property located at 7701 S. Broadway in Los Angeles has been sold for $1,100,000. The property spans a total area of 4,582 square feet, with a price per square foot of $240. It consists of 7 units, resulting in a price per unit of $157,142.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,100,000
- Address: 7701 S. Broadway
- Market: Los Angeles
Maverick Capital, represented by Joshua Shoumer, purchased the property. The deal was facilitated by brokers Brett Lyon and Stephen Takahashi of Lyon Stahl Investment Real Estate.
On the Map
$1,100,000
$240/SF
Mixed-use
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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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93