Updated Dec 20, 2023
Pegasus Investments And Newmontis Sell Bel Air Office Building For $5.4M
600 N Sepulveda Blvd, Bel Air, Los Angeles, CA, USA
$5,400,000
$917/SF
Building Size
5,886 SF
Asset Type
Office
Closing
Sep 12, 2019
About this deal
AI
The office building located at 600 N Sepulveda Blvd in Bel Air has been sold for $5,400,000. The transaction took place on September 13, 2019. The property is situated on a prime location and offers attractive features for potential occupants.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $5,400,000
- Address: 600 N Sepulveda Blvd
- Market: Bel Air
Katherine Weaver from Pegasus Investments and Trevor Nelson from Newmontis represented the parties involved in this sale.
The office sale at 600 N Sepulveda Blvd, Bel Air, Los Angeles, CA, USA in Los Angeles, California sold for $5.4M in 2019. The building is 5,886 square feet, implying about 917 per square foot on the published price. Named participants on the 600 N Sepulveda Blvd, Bel Air, Los Angeles, CA, USA sale are Trevor Nelson. This page is the Los Angeles, California file for the 600 N Sepulveda Blvd, Bel Air, Los Angeles, CA, USA office sold: pricing, party profiles, and other closed office comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles office set by closing date to see what else sold near 600 N Sepulveda Blvd, Bel Air, Los Angeles, CA, USA around 2019. Published consideration for 600 N Sepulveda Blvd, Bel Air, Los Angeles, CA, USA is $5.4M, dated 2019. Cite this Pegasus Investments And Newmontis Sell Bel Air Office Building For $5.4M sale when underwriting similar office product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93