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
- Property Type: Retail
- Transaction Amount: $2,657,150
- Address: 11038 South Inglewood Avenue, Inglewood
- Market: Inglewood
- Buyer: Leticia Becerra
- Seller: Paul Keys
- Brokers: Zac Freehling & Anthony Amezquita - Pacific Partners Real Estate Investments
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
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