facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Sale

/

2210 E Maple Ave, El Segund...

Updated Oct 29, 2024

Private Investor Acquires El Segundo Office Building From Five Amigos For $11.2M
SOLDOffice

Private Investor Acquires El Segundo Office Building From Five Amigos For $11.2M

2210 E Maple Ave, El Segundo, CA, 90...

$11,200,000

$711/SF

Building Size

15,743 SF

Asset Type

Office

Closing

Nov 20, 2023

About this deal

AI

The creative office property located at 2210-2218 E. Maple Ave. in El Segundo, California, was sold for $11.2 million. The 15,743-square-foot building features two roll-up doors with private patios, two balconies with accordion sliding glass doors, abundant windows and skylights, and ample parking. Tecolote Research and Goodlife Physical Medicine fully occupy the property, which was built in 2015. The asset is part of the Evelon Campus, a 46.5-acre, 15-building development offering office, retail, and hospitality space, as well as athletic fields.

Summary of transaction details:

Five Amigos, a partnership consisting of former owner-users and Australia-based investors, were the sellers of the property. The buyer, a Los Angeles-based private investor, acquired the asset. The seller's representatives were Neil Resnick of Avison Young and Martin McDermott of Method Commercial. The buyer in this transaction was self-represented.

Players

Martin Mcdermott

JF Real Estate

Broker

$12.5M

vol

2 deals

Broker
PI
Private InvestorBuyer

El Segundo Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $711 per square foot on a published $11.2M for 15,743 square feet (2024).

Visit Martin Mcdermott to view all their deals.

Browse California office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets