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20447 Hawthorne Boulevard

Jayne Shim Acquires Bay Cities Pet Hospital From Richard Sullivan For $2.1M In Los Angeles
SOLDOffice

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

Daniel Solomon

Kidder Mathews

Broker

$52.9M

vol

17 deals

Broker

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