Taraz Yazhari Acquires Retail Property At 11714 West Pico Boulevard Los Angeles For $2.15M
11714 West Pico Boulevard
$2,150,000
$233/SF
Building Size
9,200 SF
Asset Type
Retail
Closing
Jul 31, 2026
AI
This retail property, located at 11714 West Pico Boulevard in Los Angeles, has a sale price of $2,150,000. The asset encompasses 9,200 square feet, resulting in a price per square foot of $233.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,150,000
- Buyer: Taraz Yazhari
- Seller: APSEC Real Estate Investments
- Seller's Representative: Christopher Steck & John Anthony - Kidder Mathews
- Address: 11714 West Pico Boulevard
- Date of Transaction: 07/31/2026
- Market: Los Angeles
- Square Footage: 9,200
- Price per Square Foot: $233
This transaction was facilitated by Christopher Steck and John Anthony, representing APSEC Real Estate Investments. The buyer, Taraz Yazhari, has recently acquired the adjacent corner property at Pico Boulevard and Barrington Avenue, thereby enhancing his contiguous ownership position along Pico Boulevard with this latest acquisition.
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93