Updated Sep 5, 2024
CBRE Sells Retail Property In West Los Angeles For $5.1M
11001 Santa Monica Boulevard
$5,057,812
$1,353/SF
Building Size
3,737 SF
Asset Type
Retail
Closing
Jul 15, 2022
About this deal
AI
The property involved in this closed transaction is a retail asset located at 11001 Santa Monica Blvd. in West Los Angeles. The property spans a total area of 3,737 square feet. The transaction took place on 07/15/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,057,812
- SF: 3,737
- PPSF: $1,353
The seller's representative for this transaction was CBRE, represented by Ken McLeod and Patrick Ylagan.
The retail sale at 11001 Santa Monica Boulevard in Los Angeles, California sold for $5.1M in 2022. The building is 3,737 square feet, implying about 1.4K per square foot on the published price. Patrick Ylagan, Ken McLeod, CBRE appear on the sale alongside CBRE. This page is the Los Angeles, California file for the 11001 Santa Monica Boulevard retail sold: pricing, party profiles, and other closed retail comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles retail set by closing date to see what else sold near 11001 Santa Monica Boulevard around 2022. Published consideration for 11001 Santa Monica Boulevard is $5.1M, dated 2022. Cite this CBRE Sells Retail Property In West Los Angeles For $5.1M sale when underwriting similar retail product around Los Angeles, California.
Players
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
3.14%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93