facebook

traded

+ Submit
Home

/

Deals

/

California

/

Mixed Use

/

Sale

/

8620 W. 3rd St

Dr. Peyman Banooni Acquires Mixed-Use Property In Los Angeles For $6.25M
SOLDMixed-use

Dr. Peyman Banooni Acquires Mixed-Use Property In Los Angeles For $6.25M

8620 W. 3rd St

$6,250,000

$1,225/SF

Building Size

5,101 SF

Asset Type

Mixed-use

Closing

Mar 15, 2023

AI

The mixed-use property located at 8620 W. 3rd St in Los Angeles has been sold for a total price of $6,250,000. The property spans across 5,101 square feet, resulting in a price per square foot of $1,225. The transaction took place on March 15, 2023, and the seller was Taylor Equities.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $6,250,000
  • Date: 03/15/2023
  • Address: 8620 W. 3rd St
  • Market: Los Angeles

The buyer of the property was Dr. Peyman Banooni. Representing the buyer and seller in this transaction were Dario Svidler and Shaya Braverman from Keller Williams.

Players

Dario Svidler

Partners CRE

Broker

$200M

vol

31 deals

Broker

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93