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2311 West El Segundo Boulev...

Updated Oct 28, 2024

Wende Museum Of The Cold War Inc. Acquires Office Building In Hawthorne, Gardena For $3.1M
SOLDOffice

Wende Museum Of The Cold War Inc. Acquires Office Building In Hawthorne, Gardena For $3.1M

2311 West El Segundo Boulevard, Hawthorne, California 90250, United States

$3,100,000

$188/SF

Building Size

16,434 SF

Asset Type

Office

Closing

Mar 20, 2022

About this deal

AI

The office property located at 2311 W. El Segundo Blvd. in Hawthorne, Gardena has been sold for a price of $3,100,000. The property spans a total area of 16,434 square feet and was sold at a price per square foot of $188. The transaction took place on 03/21/2022.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,100,000
  • Address: 2311 W. El Segundo Blvd.
  • Market: Hawthorne, Gardena

The buyer of the property is the Wende Museum of The Cold War Inc., represented by Andrea Divine, Alan Jampol, and Justin Jampol. The seller in the transaction is Richard Gerber. The Brandon Michaels Group, with brokers Matthew Luchs and Brandon Michaels, facilitated the deal.

Players

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker

Hawthorne Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $188 per square foot on a published $3.1M for 16,434 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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