Updated Dec 21, 2023
Daniel Barnes Cooper Acquires Mixed-Use Property In Los Angeles For $10M
800 North Vermont Avenue, Los Angeles, CA 90029
$10,000,000
$245/SF
Building Size
40,709 SF
Asset Type
Mixed-use
Closing
Aug 3, 2020
About this deal
AI
The mixed-use property located at 800 N. Vermont Ave. in Los Angeles has been sold in a recent transaction. The sale was completed on 08/03/2021. The property consists of 62 units, with a total square footage of 40,709. The sale price for this transaction was $10,000,000, leading to a price per unit of $161,290 and a price per square foot of $245.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $10,000,000
- Units: 62
- Price per Unit: $161,290
- Square Footage: 40,709
- Price per Square Foot: $245
Daniel Barnes Cooper purchased the property from Didi Wong in this transaction. The deal was brokered by Mike Matthias and Zac Freehling.
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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93