Bibiyan Law Group Acquires Mixed-Use Property On Westwood Boulevard In Los Angeles For $10.7M
1460 Westwood Boulevard
$10,750,000
$647/SF
Building Size
16,604 SF
Asset Type
MultiFamily
Closing
Feb 28, 2023
AI
The mixed-use property located at 1460 Westwood Boulevard in Los Angeles has been sold in a recent transaction. The property spans a total area of 16,604 square feet. The sale price for the property was $10,670,000, resulting in a price per square foot of $643.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $10,670,000
- Address: 1460 Westwood Boulevard
- Market: Los Angeles
The transaction involved two parties, with Bibiyan Law Group, P.C. acquiring the property from Jade Enterprises. The deal was facilitated by the brokerage team of Omid Saleh, David Yashar, and Sam Alishahi from Keller Williams South Bay.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93