Updated Oct 29, 2024
Tigrami LP Acquires Retail Condo In Mar Vista For $1.45M
12310 Venice Boulevard, Los Angeles, CA 90066, USA
$1,450,000
$1,006/SF
Building Size
1,440 SF
Asset Type
Retail
Closing
Jun 13, 2019
About this deal
AI
The retail condo located at 12310 Venice Boulevard in Mar Vista has been sold for $1,450,000. The transaction took place on June 14, 2019. The property spans 1,440 square feet and has a price per square foot of $1,006.94.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $1,450,000
- Address: 12310 Venice Boulevard
- Market: Mar Vista
- Square Footage: 1,440
- Price per Square Foot: $1,006.94
The buyer of the property is Tigrami LP, while Richard M. is the seller. Elliot Schwartz from an undisclosed agency represented both parties as the broker.
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93