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1450 1460 S. Harbor Blvd.

David Blitz Secures $3.72M Loan For Retail Property At 1450 1460 S. Harbor Blvd
FINANCEDRetail

David Blitz Secures $3.72M Loan For Retail Property At 1450 1460 S. Harbor Blvd

1450 1460 S. Harbor Blvd.

$3,717,600

Building Size

Asset Type

Retail

Closing

Mar 16, 2018

AI

The property asset involved is a retail space located at 1450 1460 S. Harbor Blvd in La Habra. The loan amount associated with this transaction is $3,717,600.00.

Summary of transaction details:

David Blitz represents the broker involved in this transaction, showcasing his role in facilitating the loan process with RRA Capital as the lender for this retail property in La Habra.

Players

David Blitz

Nebo Capital

Broker

1 deal

Broker
RRA Capital
RRA CapitalLender

La Habra Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.27%

Cash-on-Cash

-1.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93