Updated Oct 29, 2024
Studio Elevate LLC Acquires Mixed-Use Property On Venice Blvd For $930,000
8733 Venice Boulevard, Los Angeles, CA 90034, USA
$930,000
$807/SF
Building Size
1,152 SF
Asset Type
Mixed-use
Closing
Feb 18, 2020
About this deal
AI
Located at 8733 Venice Blvd, this mixed-use property was recently sold in a closed transaction. The property spans 1,152 square feet and was priced at $930,000, resulting in a price per square foot of $807.29. The sale took place on 02/19/2020.
Summary of Transaction Details
- Property Type: Mixed-Use
- Transaction Amount: $930,000
- Address: 8733 Venice Blvd
- Square Footage: 1,152
- Price per Square Foot: $807.29
Studio Elevate LLC purchased the property from Aldo Scoz. The transaction was facilitated by the brokers Klyvia Iha, Ryan Serling, Martin Agnew, Josh Hill, Filip Niculete, and Glen Scher.
On the Map
$930,000
$807/SF
Mixed-use
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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
17.06%
Cash-on-Cash
-4.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93