facebook
Traded Co logo
Submit

4S Bay Partners Acquires Office Building From One Cole Group For $35M

Property Image
SOLD
$35,000,000

California

See Similar Deals
Office
Sold 07/09/2020
the dealplayerscompscontact
Property Image
SOLD

4S Bay Partners Acquires Office Building From One Cole Group For $35M

3731 Stocker St, Los Angeles, CA, 900...

See Similar Deals
Office
Sold 07/09/2020
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Transaction Type:Sale

The office property located at 3731 Stocker St, Los Angeles, CA, 900... in the View Park market was recently sold for $35,000,000.00. The transaction took place on 07/09/2020, with 4S Bay Partners acquiring the property from One Cole Group. The seller's representative was Laurie Lustig-Bower from CBRE.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $35,000,000.00
  • Address: 3731 Stocker St, Los Angeles, CA, 900...
  • Market: View Park
  • Buyer: 4S Bay Partners
  • Seller: One Cole Group
  • Seller's Rep: Laurie Lustig-Bower (CBRE)

Laurie Lustig Bower from CBRE represented both the seller, One Cole Group, and the buyer, 4S Bay Partners, in this significant office property transaction. The deal, involving the acquisition of the property by 4S Bay Partners, showcases the strategic involvement of key individuals and reputable companies in successful real estate transactions.

Players

Laurie Lustig Bower
CBRE
Laurie Lustig Bower
18 deals$566.4M volume(310) 550-2556
BROKER
4P
4S Bay Partners
BUYER
OG
One Cole Group
SELLER

Details

SOLD
IMAGE: 07/09/2020 ADDRESS: 3731 Stocker St, Los Angeles, CA, 900... MARKET: View Park ASSET TYPE: Office SELLER'S REP: Laurie Lustig-Bower(CBRE) BROKERS: Laurie Lustig Bower(CBRE) BUYER: 4S Bay Partners Buyer SELLER: One Cole Group PRICE: $35,000,000.00

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,866,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$124,347.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$165,917.86
Annual Debt Service$1,991,014.27