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Kidder Mathews Brokers Facilitate $4.5M Retail Sale In Westwood Village

Property Image
SOLD
$4,500,000
Tanel Harunzade
Darrell Levonian
Brittney McCarthy

California

See Similar Deals
Retail32,000 SF
Sold 08/20/2020
the dealplayerscompscontact
Property Image
SOLD

Kidder Mathews Brokers Facilitate $4.5M Retail Sale In Westwood Village

10930 Weyburn Ave, Los Angeles, CA 90024, USA

See Similar Deals
Retail32,000 SF
Sold 08/20/2020
Tanel Harunzade
Darrell Levonian
Brittney McCarthy
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$140
Total Square Footage:32,000 SF
Transaction Type:Sale

A retail property located at 10930 Weyburn Ave in Westwood Village has been sold in a recent transaction. The property spans 3,200 square feet and has a lot size of 3,998 square feet. It features 40 feet of frontage and is situated in a prime location in Westwood Village.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $4,500,000
  • Price per Square Foot: $1,406
  • Address: 10930 Weyburn Ave
  • Market: Westwood Village

The transaction was facilitated by Darrell Levonian, Tanel Harunzade, and Brittney McCarthy of Kidder Mathews. As the representatives for the buyer and/or seller, they played a crucial role in the successful completion of the deal.

Players

Brittney McCarthy
Kidder Mathews
Brittney McCarthy
6 deals$64.4M volume(424) 653-1825
BROKER
Darrell Levonian
Kidder Mathews
Darrell Levonian
9 deals$143.3M volume
BROKER
Tanel Harunzade
Kidder Mathews
Tanel Harunzade
8 deals$122.8M volume
BROKER

Details

SOLD
IMAGE: Darrell Levonian, Tanel Harunzade & Brittney McCarthy DATE: 08/20/2020 ADDRESS: 10930 Weyburn Ave MARKET: Westwood Village ASSET TYPE: Retail PRICE: $4,500,000 SF: 3,200 PPSF: $1,406 LOT SF: 3,998 FRONTAGE: 40 Ft BROKERS: Darrell Levonian, Tanel Harunzade & Brittney McCarthy – Kidder Mathews

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$240,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55