Updated Sep 9, 2024
George Pearson Acquires Retail Property In Whittier For $5.75M With Seller's Rep Arian Zerehi
13363 Telegraph Rd Whittier, CA 90605, USA
$5,750,000
$3,636/SF
Building Size
1,581 SF
Asset Type
Retail
Closing
Jun 12, 2023
About this deal
AI
The retail property located at 13363 Telegraph Rd in Whittier has been sold for a price of $5,750,000. The property comprises 1,581 square feet, resulting in a price per square foot of $3,637.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,750,000
- Address: 13363 Telegraph Rd, Whittier
- Square Feet: 1,581
- Purchase Price per Square Foot: $3,637
The buyer of the property is George Pearson, while the seller is Dharmistha Chand. Arian Zerehi represented the seller in this transaction.
The retail sale at 13363 Telegraph Rd Whittier, CA 90605, USA in Los Angeles, California sold for $5.8M in 2023. The building is 1,581 square feet, implying about 3.6K per square foot on the published price. Arian Zerehi, Commercial Brokers International appear on the sale alongside Commercial Brokers International. This page is the Los Angeles, California file for the 13363 Telegraph Rd Whittier, CA 90605, USA retail sold: pricing, party profiles, and other closed retail comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles retail set by closing date to see what else sold near 13363 Telegraph Rd Whittier, CA 90605, USA around 2023. Published consideration for 13363 Telegraph Rd Whittier, CA 90605, USA is $5.8M, dated 2023. Cite this George Pearson Acquires Retail Property In Whittier For $5.75M With Seller's Rep Arian Zerehi sale when underwriting similar retail product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93