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1986 W Jefferson Blvd, Los ...

Coldwell Banker Realty Represents Buyer And Seller In $1.1M Office Sale, Los Angeles
SOLDOffice

Coldwell Banker Realty Represents Buyer And Seller In $1.1M Office Sale, Los Angeles

1986 W Jefferson Blvd, Los Angeles, CA, USA

$1,075,000

$553/SF

Building Size

1,943 SF

Asset Type

Office

Closing

Jan 5, 2021

AI

The office building located at 1986 W Jefferson Blvd in Los Angeles has been sold for $1,075,000. The property spans 1,943 square feet, resulting in a price per square foot of $553.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $1,075,000
  • Date: 01/06/2021
  • Address: 1986 W Jefferson Blvd
  • Market: Los Angeles

The buyer's representative for this transaction was Amy Raine from Coldwell Banker Realty. The seller's representatives were Floyd Shaheen and Emily Shikhvarger.

Players

Emily Shikhvarger

Marcus & Millichap

Broker

$21.7M

vol

10 deals

Broker

Los Angeles Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93