Alon Abady Acquires Class B Office Building In Sawtelle's Japantown For $15.3M
1850 Sawtelle Boulevard, Los Angeles, CA 90025, USA
$15,300,000
$609/SF
Building Size
25,100 SF
Asset Type
Other
Closing
Jul 6, 2018
AI
Located in Sawtelle's Japantown, a Class B office building at 1850 Sawtelle Boulevard in LA has been sold in a recent transaction. The property features a total square footage of 25,100 and was sold at a price of $15,300,000, resulting in a price per square foot of $609.
Summary of transaction details
- Property Type: Class B office building
- Transaction Amount: $15,300,000
- Square Footage: 25,100
- Price per Square Foot: $609
- Address: 1850 Sawtelle Boulevard, LA
- Market: Sawtelle's Japantown
The deal was facilitated by Bob Safai from an undisclosed agency as the broker. Ronald Richards served as the seller, while Alon Abady acted as the buyer in the transaction.
Los Angeles Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93