Updated Oct 29, 2024
Shuva Israel Torah Center Acquires Office Building On S Robertson Blvd In Los Angeles For $6M
1818 Robertson Boulevard, Los Angeles, California 90035, United States
$6,000,000
$428,571/SF
Building Size
14 SF
Asset Type
Office
Closing
Nov 15, 2022
About this deal
AI
The office building located at 1818 & 1824 S Robertson Blvd in Los Angeles, CA has been sold for $6,000,000. The property spans 14,000 square feet, resulting in a price per square foot of $429.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,000,000
- Address: 1818 & 1824 S Robertson Blvd, Los Angeles, CA
- Market: Los Angeles, CA
The buyer of the property is the Shuva Israel Torah Center. The sale was facilitated by Tanel Harunzade, Darrell Levonian, Brittney McCarthy, and Michael Daniels from Kidder Mathews.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93