Updated Oct 29, 2024
Asana Partners Acquires West Los Angeles Shopping Center For $50.2M
9636 West Pico Boulevard, Los Angeles, CA 90035
$50,200,000
$705/SF
Building Size
71,184 SF
Asset Type
Other
Closing
Dec 3, 2018
About this deal
AI
A shopping center located at 9600-9636 Pico Boulevard in West Los Angeles has been sold for a total price of $50,200,000. The property spans 71,184 square feet and has a price per square foot of $705. Geoff Tranchina captured an image of the shopping center.
Summary of transaction details:
- Property Type: Shopping Center
- Transaction Amount: $50,200,000
- Address: 9600-9636 Pico Boulevard, West Los Angeles
- Market: West Los Angeles
- Square Footage: 71,184
- Price per Square Foot: $705
The buyer of the shopping center is Asana Partners. The deal was facilitated by Geoff Tranchina of JLL Capital Markets.
Players
Los Angeles Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93