Updated Sep 9, 2024
Millicent Mucheru Acquires Retail Property On La Brea In Inglewood For $860K
1137 North La Brea Avenue, Inglewood
$860,000
$27/SF
Building Size
31,320 SF
Asset Type
Retail
Closing
Oct 27, 2020
About this deal
AI
Located in Inglewood, the retail property at 1137 N La Brea has recently changed hands in a closed transaction. Millicent Mucheru acquired the property from Greg Evangel for a sale price of $860,000. The property spans 3,132 square feet and has a price per square foot of $274. The deal was facilitated by brokers Daniel Hirth and Elijah Suval from the Hirth Group.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $860,000
- Address: 1137 N La Brea
- Market: Inglewood
The retail property at 1137 N La Brea in Inglewood was sold from Greg Evangel to Millicent Mucheru for $860,000. The property spans 3,132 square feet, resulting in a price per square foot of $274. Facilitating the transaction were brokers Daniel Hirth and Elijah Suval from the Hirth Group.
Players
Inglewood 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
18.45%
Cash-on-Cash
-5.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93