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
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.
Players
Market Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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