Updated Sep 9, 2024
Bob Halavi Acquires $2.6M Retail Property On Washington Pl In Mar Vista
12701 Washington Pl, Mar Vista, Los Angeles, CA, USA
$2,600,000
$622/SF
Building Size
4,180 SF
Asset Type
Retail
Closing
Mar 11, 2019
About this deal
AI
The retail property located at 12701 Washington Pl in Mar Vista, was sold for $2,600,000. The transaction took place on 03/12/2019. The property spans across 4,180 square feet, resulting in a price per square foot of $622. The buyer of the property was Bob Halavi, while the seller was Darryl Curtis. The deal was facilitated by Elizabeth Clark and Chris Chasin, representing their respective agencies.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,600,000
- Address: 12701 Washington Pl
- Market: Mar Vista
- Buyer: Bob Halavi
- Seller: Darryl Curtis
- Brokers: Elizabeth Clark - Agency, Chris Chasin - Agency
- Square Footage: 4,180
- Price per Square Foot: $622
The property sale was successfully closed with the involvement of key individuals such as Elizabeth Clark and Chris Chasin, who played the role of brokers in the transaction.
On the Map
$2,600,000
$622/SF
Retail
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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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93