Coldwell Banker Realty Represents Buyer And Seller In $1.1M Office Sale, Los Angeles
SOLD
$1,075,000
California
See Similar DealsOffice1,943 SF
Sold 01/06/2021
SOLD
Coldwell Banker Realty Represents Buyer And Seller In $1.1M Office Sale, Los Angeles
1986 W Jefferson Blvd, Los Angeles, CA, USA
See Similar DealsOffice1,943 SF
Sold 01/06/2021
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$553
Total Square Footage:1,943 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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