Updated Dec 21, 2023
Westwood Retail Property Sells For $13.5M Through Pegasus Investments
10936 Weyburn Avenue, Westwood, Los Angeles, CA, USA
$13,500,000
$1,370/SF
Building Size
9,852 SF
Asset Type
Retail
Closing
Oct 20, 2019
About this deal
AI
Located in Westwood, the retail property at 10936 Weyburn Avenue has been sold in a recent transaction. The property spans 9,852 square feet and consists of 10 units. The sale price for this asset was $13,500,000, resulting in a price per square foot of $1,370.28. The buyer paid a price of $1,350,000 per unit.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $13,500,000
- Date: 10/21/2019
- Market: Westwood
- Broker: David B. Chasin - Pegasus Investments
This transaction was facilitated by David B. Chasin from Pegasus Investments. He represented the buyer or seller, acting as their broker in the deal.
On the Map
$13,500,000
$1,370/SF
Retail
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93