Updated Dec 21, 2023
Jin Hyuk Lee & Hye Won Ha Acquire Office Building On Crenshaw Blvd In Koreatown
937 Crenshaw Boulevard, Los Angeles, CA, USA
$3,550,000
$1,110/SF
Building Size
3,196 SF
Asset Type
Office
Closing
Oct 20, 2021
About this deal
AI
A commercial office property located at 937 Crenshaw Blvd. in Koreatown has been sold for $3,550,000. The property spans 3,196 square feet and was sold at a price per square foot of $1,110. The transaction took place on 10/20/2021. The asset type of the property is office.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,550,000
- Address: 937 Crenshaw Blvd.
- Market: Koreatown
- Square Footage: 3,196
The property was purchased by Jin Hyuk Lee & Hye Won Ha, and the seller was Jae Wook Jeong. Nima Sadaghiani represented the buyers in this transaction. Nima Sadaghiani is the buyer's representative from an undisclosed agency.
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93