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13363 Telegraph Rd Whittier...

George Pearson Acquires Retail Property In Whittier For $5.75M With Seller's Rep Arian Zerehi
SOLDRetail

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

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.

Players

Arian Zerehi

Maher Commercial Realty

Broker

$79.5M

vol

11 deals

Broker

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

2.76%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93