SOLDMixed-use
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
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.
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