Updated May 30, 2025
Taraz Yazhari Acquires Retail Property At 11708 West Pico Boulevard For $2.2M
11708 West Pico Boulevard
$2,200,000
$1,054/SF
Building Size
2,086 SF
Asset Type
Retail
Closing
May 22, 2025
About this deal
AI
The retail property located at 11708 West Pico Boulevard in Los Angeles has been sold for $2,200,000. The asset encompasses an area of 2,086 square feet, translating to a price per square foot of $1,054.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,200,000
- Address: 11708 West Pico Boulevard
- Market: Los Angeles
- Buyer: Taraz Yazhari
- Seller: Barbara Brown
- Broker: Jared Swedelson - NAI Global
- Square Footage: 2,086
- Price Per Square Foot: $1,054
The transaction involves key stakeholders including buyer Taraz Yazhari, seller Barbara Brown, and broker Jared Swedelson representing NAI Global in the deal. Each party played a significant role in facilitating this closed property transaction.
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93