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1460 Westwood Boulevard

Bibiyan Law Group Acquires Mixed-Use Property On Westwood Boulevard In Los Angeles For $10.7M
SOLDMultiFamily

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

Sam Alishahi

Keller Williams Realty

Broker

$16.9M

vol

4 deals

Broker
JE
Jade EnterprisesSeller

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