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484 E Imperial Hwy Los Ange...

Updated Mar 11, 2025

First Financial Capital Provides Acquisition Loan For Retail Property On Imperial Highway
FINANCEDRetail

First Financial Capital Provides Acquisition Loan For Retail Property On Imperial Highway

484 E Imperial Hwy Los Angeles, CA 90061, USA

$1,572,000

$117/SF

Building Size

13,378 SF

Asset Type

Retail

Closing

Jun 2, 2023

About this deal

AI

The retail property located at 484 E Imperial Highway in Los Angeles has been involved in a recent loan transaction. The property spans across 13,378 square feet and is owned by Mohammed Mohammed. The lender in this transaction is First Financial Capital, represented by Faraz Eli Ghad. The loan amount provided for the acquisition is $1,572,000, and it is categorized as an acquisition loan. The loan terms include interest-only payments, no prepayment penalties, and a one-year term with two one-year options.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,572,000
  • Lender: First Financial Capital (represented by Faraz Eli Ghad)
  • Landlord: Mohammed Mohammed
  • Loan Type: Acquisition Loan
  • Loan Terms: Interest Only, no prepayment penalties, 1-year term with 2 one-year options

In addition to the details mentioned above, it is worth noting that Faraz Eli Ghad, representing First Financial Capital, played a crucial role as the lender's representative in this transaction, facilitating the loan process and ensuring its successful completion.

Players

First Financial Capital
First Financial CapitalLender

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Deal FAQ

About $117 per square foot on a published $1.6M for 13,378 square feet (2023).

Browse California retail loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.09%

Cash-on-Cash

-2.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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