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Taraz Yazhari Acquires Retail Property At 11708 West Pico Boulevard For $2.2M

Property Image
SOLD
$2,200,000

California

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Retail2,086 SF
Sold 05/22/2025
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Property Image
SOLD

Taraz Yazhari Acquires Retail Property At 11708 West Pico Boulevard For $2.2M

11708 West Pico Boulevard

See Similar Deals
Retail2,086 SF
Sold 05/22/2025
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,054
Total Square Footage:2,086 SF
Transaction Type:Sale

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

Jared Swedelson
18 deals$119.2M volume
BROKER

Details

SOLD
IMAGE: Jared Swedelson DATE: 5/22/2025 ADDRESS: 11708 West Pico Boulevard MARKET: Los Angeles ASSET TYPE: Retail BUYER: Taraz Yazhari SELLER: Barbara Brown BROKER: Jared Swedelson (@JaredSwedelson) - NAI Global (@NAI.Global) SALE PRICE: $2,200,000 SF: 2,086 ~ PPSF: $1,054

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$117,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47