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11714 West Pico Boulevard

Taraz Yazhari Acquires Retail Property At 11714 West Pico Boulevard Los Angeles For $2.15M
SOLDRetail

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

John Anthony

Kidder Mathews

Broker

$93.9M

vol

15 deals

Broker

Taraz Yazhari

Buyer

$6.6M

vol

3 deals

Buyer
AI
APSEC Real Estate InvestmentsSeller

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