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
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.
Los Angeles 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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93