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11038 S Inglewood AveInglew...

Leticia Becerra Acquires Retail Property In Inglewood For $2.7M
SOLDRetail

Leticia Becerra Acquires Retail Property In Inglewood For $2.7M

11038 S Inglewood AveInglewood, CA 90304, USA

$2,657,150

$411/SF

Building Size

6,460 SF

Asset Type

Retail

Closing

Aug 25, 2023

AI

An retail property located at 11038 South Inglewood Avenue in Inglewood has been sold for a price of $2,657,150. The property spans 6,460 square feet, resulting in a price per square foot of $411.

Summary of Transaction Details

The deal was facilitated by Zac Freehling and Anthony Amezquita, both representatives of Pacific Partners Real Estate Investments. They played a crucial role in the transaction as the brokers. This successful sale not only benefits the buyer and the seller, Leticia Becerra and Paul Keys respectively but also showcases the expertise and professionalism of the brokers involved.

Players

Zac Freehling

Pacific Partners Real Estate Investments

Broker

$237.5M

vol

61 deals

Broker

Market 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

5.97%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93