Toke Aw Acquires Retail Property On West Pico Boulevard For $1.515M With Buyer’s Rep Ryan Gurman & Bronson Morgan
11747 West Pico Boulevard
$1,515,000
$841/SF
Building Size
1,800 SF
Asset Type
Retail
Closing
Sep 3, 2025
AI
The property involved in this transaction is a retail asset located at 11747 West Pico Boulevard in the Los Angeles market. It has a square footage of 1,800 and was sold for a transaction amount of $1,515,000, equating to a price per square foot of $841.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,515,000
- Sale Price: $1,515,000
- Square Footage: 1,800
- Price per Square Foot: $841
- Buyer: Toke Aw
- Seller: Daniel Kaufman
- Buyer's Representative: Ryan Gurman & Bronson Morgan - CBRE
- Seller's Representative: Evan Pozarny - Muselli Commercial
- Date of Transaction: 09/05/2025
The deal involved Toke Aw as the buyer and Daniel Kaufman as the seller. The transaction was facilitated by Ryan Gurman & Bronson Morgan representing the buyer from CBRE, while Evan Pozarny represented the seller through Muselli Commercial.
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
10.47%
Cash-on-Cash
-2.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93