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1143 West El Segundo Boulev...

Updated Oct 29, 2024

Patel Group LLC Acquires Other Property In Gardena For $1,175,000
SOLDOther

Patel Group LLC Acquires Other Property In Gardena For $1,175,000

1143 West El Segundo Boulevard, Gardena, CA, USA

$1,175,000

$522/SF

Building Size

2,248 SF

Asset Type

Other

Closing

Nov 1, 2018

About this deal

AI

In Gardena, a property located at 1143-1151 W El Segundo Blvd. was sold for a total price of $1,175,000. The asset, categorized as "Other," spans a total area of 2,248 square feet, resulting in a price per square foot of $522. The transaction took place on November 2, 2018.

Summary of transaction details:

  • Property Type: Other
  • Transaction Amount: $1,175,000
  • Address: 1143-1151 W El Segundo Blvd.
  • Market: Gardena
  • Square Footage: 2,248
  • Price Per Square Foot: $522
  • Date: November 2, 2018

The seller of the property was Kurt Miller. The buyer, Patel Group LLC, acquired the asset with the assistance of broker Floyd Shaheen.

Players

Floyd Shaheen

Marcus & Millichap

Broker

$82M

vol

29 deals

Broker

Hawthorne Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $522 per square foot on a published $1.2M for 2,248 square feet (2018).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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