Updated Dec 21, 2023
Amar Sidu Acquires Mixed Use Property On S Main Street In Downtown Los Angeles For $5M
828 South Main Street, Los Angeles, CA 90014, USA
$5,000,000
$531/SF
Building Size
9,402 SF
Asset Type
Mixed-use
Closing
Jan 17, 2019
About this deal
AI
The property involved in this closed transaction is a mixed-use asset located at 828 S Main Street in Downtown Los Angeles. It was sold on January 18, 2019.
Summary of transaction details:
- Property Type: Mixed Use
- Transaction Amount: $5,000,000
- Square Footage: 9,402
- Price Per Square Foot: $531
- Address: 828 S Main Street
- Market: Downtown Los Angeles
The seller of the property was John Lee, while the buyer was Amar Sidu. The transaction was facilitated by broker Anthony Behar.
The mixed use sale at 828 South Main Street, Los Angeles, CA 90014, USA in Los Angeles, California sold for $5M in 2019. The building is 9,402 square feet, implying about 531 per square foot on the published price. Named participants on the 828 South Main Street, Los Angeles, CA 90014, USA sale are Anthony Behar. This page is the Los Angeles, California file for the 828 South Main Street, Los Angeles, CA 90014, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles mixed use set by closing date to see what else sold near 828 South Main Street, Los Angeles, CA 90014, USA around 2019. Published consideration for 828 South Main Street, Los Angeles, CA 90014, USA is $5M, dated 2019. Cite this Amar Sidu Acquires Mixed Use Property On S Main Street In Downtown Los Angeles For $5M sale when underwriting similar mixed use product around Los Angeles, California.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93