Updated Sep 9, 2024
David Yashar & Omid Saleh Sell Retail Property In East Hollywood For $2.35M
1161 N Vermont Ave, Central LA, Los Angeles, CA, USA
$2,350,000
$293/SF
Building Size
8,000 SF
Asset Type
Retail
Closing
May 17, 2021
About this deal
AI
The retail property located at 1161 N. Vermont Ave in East Hollywood has been sold for $2,350,000. The transaction took place on May 18, 2021. The property spans an area of 8,000 square feet, resulting in a price per square foot of $293. The property was listed by David Yashar and Omid Saleh.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,350,000
- Address: 1161 N. Vermont Ave
- Market: East Hollywood
- Square Footage: 8,000
- Price per Square Foot: $293
- Brokers: David Yashar & Omid Saleh
The sale of this retail property in East Hollywood was facilitated by David Yashar and Omid Saleh. They represented their respective clients in the transaction, ensuring a successful deal for all parties involved.
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
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93