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11700 Gateway Boulevard

Charlie Woo Purchases Retail Property From Chonnie Badt For $3.875M In Los Angeles
SOLDRetail

Charlie Woo Purchases Retail Property From Chonnie Badt For $3.875M In Los Angeles

11700 Gateway Boulevard

$3,875,000

$901/SF

Building Size

4,300 SF

Asset Type

Retail

Closing

Sep 4, 2025

AI

The transaction involves a retail asset located at 11700 Gateway Boulevard in Los Angeles, California. The property, which encompasses a total of 4,300 square feet, sold for $3,875,000, translating to a price per square foot of $901.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,875,000
  • Buyer: Charlie Woo
  • Seller: Chonnie Badt
  • Broker: Adam Friedlander - Colliers
  • Date of Transaction: 09/05/2025

Adam Friedlander serves as the Senior VP with the Snyder Carlton Team at Colliers, representing the sale of a net leased 7-Eleven and Kusaki Restaurant strip center as part of this transaction.

Players

Adam Friedlander

Colliers

Broker

$63.6M

vol

11 deals

Broker
Colliers
ColliersBrokerage

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

4.09%

Cash-on-Cash

-1.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93