Updated Dec 18, 2023
Jordan Asheghian & Tony Azzi Acquire Retail Property In Inglewood For $1.46M
10512 Hawthorne Blvd, Inglewood, CA, USA
$1,465,000
$72/SF
Building Size
20,358 SF
Asset Type
Retail
Closing
Dec 14, 2020
About this deal
AI
A retail property located at 10512 Hawthorne Blvd in Inglewood has been sold for $1,465,000. The property spans 20,358 square feet, resulting in a price per square foot of $71. The transaction took place on December 15, 2020. The property is situated in the Inglewood market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,465,000
- Address: 10512 Hawthorne Blvd
- Market: Inglewood
- Square Footage: 20,358
- Price Per Square Foot: $71
- Transaction Date: December 15, 2020
The sale of this retail property was facilitated by Jordan Asheghian from InstaYord and Tony Azzi from The_AzziGroup. They served as the brokers for the transaction.
Please note that the capitalization rate (CAP) for this property is 3.70%.
Players
Inglewood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.83%
Cash-on-Cash
-3.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93