Jayne Shim Acquires Bay Cities Pet Hospital From Richard Sullivan For $2.1M In Los Angeles
20447 Hawthorne Boulevard
$2,100,000
$627/SF
Building Size
3,349 SF
Asset Type
Office
Closing
Feb 4, 2026
AI
The property asset involved in this transaction is a veterinary hospital located at 20447 Hawthorne Boulevard in Los Angeles. The sale price was recorded at $2,100,000, and the total square footage of the facility is 3,349, resulting in a price per square foot of $627.
Summary of transaction details:
- Property Type: Veterinary Hospital
- Transaction Amount: $2,100,000
- Address: 20447 Hawthorne Boulevard
- Market: Los Angeles
- Square Footage: 3,349
- Price Per Square Foot: $627
- Buyer: Jayne Shim
- Seller: Richard Sullivan
- Broker: Daniel Solomon - Kidder Mathews
This transaction marks the first time the property has traded in 35 years, with both the seller and the buyer exclusively represented by Daniel Solomon, who leads The Solomon Healthcare Advisory Team at Kidder Mathews. The seller opted for Daniel Solomon’s expertise due to his specialization in veterinary real estate and a proven record of securing premium pricing.
Players
Torrance 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93