Updated Dec 21, 2023
CBRE Sells Retail Property On Huntington Dr. In Los Angeles For $2.15M
1350 Huntington Drive, Duarte, California 91010, United States
$2,150,000
$107/SF
Building Size
20,100 SF
Asset Type
Retail
Closing
Mar 9, 2022
About this deal
AI
The retail property located at 1350 E. Huntington Dr. in Los Angeles has been sold for $2,150,000. The property spans 20,100 square feet, resulting in a price per square foot of $106. The transaction took place on 03/10/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,150,000
- Address: 1350 E. Huntington Dr.
- Market: Los Angeles
- Square Footage: 20,100
- Price per Square Foot: $106
The sale was facilitated by David McNevin, Melissa Ley, Ian Schroeder, and Matt Burns from CBRE, who represented the seller in the transaction.
Players
Duarte 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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93