Updated Oct 29, 2024
Jim's Auto Sales Acquires 17,000 SF Medical Building Package In Harbor City For $5.75M
25617 Dodge Avenue, Harbor City, CA, USA
$5,750,000
$338/SF
Building Size
17,000 SF
Asset Type
Package Deal
Closing
Dec 24, 2020
About this deal
AI
A package deal consisting of a 17,000 square foot medical building and two residential development lots located at 25617 Dodge Ave in Harbor City has been sold. The transaction was completed on December 24, 2020, with the buyer being Jim's Auto Sales (@JasincMotoring) and the seller being Harbor City Dental Properties LLC.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $5,750,000
- Square Footage: 17,000
- Price per Square Foot: $329
- Capitalization Rate: 5.90%
Rodman Amiri (@Rodman8600) from Merit Real Estate (@MeritRealEstate) represented the buyer, Jim's Auto Sales, while Simon Mattox (@SimonMattox) from CBRE represented the seller, Harbor City Dental Properties LLC. It is worth noting that this transaction involved the purchase of three parcels, including the medical building and the two residential development lots.
On the Map
$5,750,000
$338/SF
Package Deal
View full map
Players
Harbor City Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
Loading comparables…
Deal FAQ
Visit Simon Mattox to view all their deals.
Browse California package deal sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93