Farid Yaghoubtil Acquires Office Building On S. Broadway In Los Angeles For $8.5M
SOLD
$8,500,000
California
See Similar DealsOffice26 SF
Sold 11/30/2022
SOLD
Farid Yaghoubtil Acquires Office Building On S. Broadway In Los Angeles For $8.5M
908 S Broadway, Los Angeles, California 90015, United States
See Similar DealsOffice26 SF
Sold 11/30/2022
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$326,923
Total Square Footage:26 SF
Transaction Type:Sale
An office property located at 908-910 S. Broadway in Los Angeles, CA has been sold for a price of $8,500,000. The property spans a total area of 26,000 square feet, resulting in a price per square foot of $327. The sale took place on November 30, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $8,500,000
- Address: 908-910 S. Broadway, Los Angeles, CA
- Market: Los Angeles, CA
- Buyer: Farid Yaghoubtil
- Seller: Tarina Tarantino Management LLC - Alfonso Campos & Tarina Tarantino
Farid Yaghoubtil was the buyer in this transaction, while Tarina Tarantino Management LLC, represented by Alfonso Campos & Tarina Tarantino, acted as the seller's representative.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$453,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04
Is there something missing? Send suggestions