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11747 West Pico Boulevard

Toke Aw Acquires Retail Property On West Pico Boulevard For $1.515M With Buyer’s Rep Ryan Gurman & Bronson Morgan
SOLDRetail

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

Bronson Morgan

CBRE

Broker

$15.2M

vol

8 deals

Broker
CBRE
CBREBrokerage

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