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2010 South Westgate Avenue

Christopher Sliney Sells West Los Angeles Office For $7M With Brad McCoy, Dylan Mahood, David Wilson, Conor Halloran & George Wilson - Lee & Associates West LA
SOLDOffice

Christopher Sliney Sells West Los Angeles Office For $7M With Brad McCoy, Dylan Mahood, David Wilson, Conor Halloran & George Wilson - Lee & Associates West LA

2010 South Westgate Avenue

$7,000,000

$777/SF

Building Size

9,000 SF

Asset Type

Office

Closing

Jul 21, 2022

AI

The office property located at 2010 S. Westgate Ave. in West Los Angeles has been sold. The transaction was facilitated by Brad McCoy, Dylan Mahood, David Wilson, Conor Halloran, and George Wilson of Lee & Associates West LA on behalf of the seller, Christopher Sliney. The sale price for the property was $7,000,000, with a total area of 9,000 square feet. This translates to a price per square foot of $777.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $7,000,000
  • Address: 2010 S. Westgate Ave.
  • Market: West Los Angeles
  • Square Footage: 9,000
  • Price per Square Foot: $777

Brad McCoy, Dylan Mahood, David Wilson, Conor Halloran, and George Wilson from Lee & Associates West LA represented the seller, Christopher Sliney, in this transaction. Their expertise and assistance were instrumental in completing the deal.

Players

Brad McCoy

Lee & Associates

Broker

$631.9M

vol

44 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

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93