Anem Lahyer Acquires Office In El Segundo For $2.9M
SOLD
California
See Similar DealsOffice3,850 SF
Sold 12/28/2023
SOLD
Anem Lahyer Acquires Office In El Segundo For $2.9M
149 Sheldon Street
See Similar DealsOffice3,850 SF
Sold 12/28/2023
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$746
Total Square Footage:3,850 SF
Transaction Type:Sale
The property at 149 Sheldon Street in El Segundo has been sold in a recent transaction. The office building, spanning 3,850 square feet, was purchased for $2,875,000, which translates to a price per square foot of $747.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,875,000
- Address: 149 Sheldon Street, El Segundo
- Market: El Segundo
The buyer of the property is Anem Lahyer, while the seller is Ron Havers. Jake Zacuto and Sammy Santana from Zacuto Group represented the buyer, and Richard Melbye, Jane Healey, John Lane, and Robert Healey Jr. from CBRE represented the seller in the deal.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$153,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,214.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,628.97
Annual Debt Service$163,547.60
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