Updated Sep 5, 2024
Sharon Holm-Gilboy Sells Office Building On West Manchester Ave In Los Angeles For $5.75M
7151 West Manchester Avenue
$5,750,000
$491/SF
Building Size
11,711 SF
Asset Type
Office
Closing
Mar 21, 2023
About this deal
AI
Located at 7151 West Manchester Avenue in Los Angeles, this office property was recently sold in a closed transaction. The seller, Sharon Holm-Gilboy, enlisted the services of T.C. Macker, Jennifer Moscoso, Woody Cook, and WESTMAC Commercial Brokerage Company to represent her in this deal.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $5,750,000
- Square Footage: 11,711
- Price per Square Foot: $491
T.C. Macker, Jennifer Moscoso, Woody Cook, and WESTMAC Commercial Brokerage Company played a pivotal role in facilitating this successful sale. With their expertise and knowledge of the Los Angeles market, they were able to secure a favorable deal for their client, Sharon Holm-Gilboy.
On the Map
$5,750,000
$491/SF
Office
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93