Sam Ellouze Acquires Retail Property At 137 Main Street Seal Beach For $2.16M
SOLD
$2,159,000
California
See Similar DealsRetail1,874 SF
Sold 09/03/2025
SOLD
Sam Ellouze Acquires Retail Property At 137 Main Street Seal Beach For $2.16M
137 Main Street
See Similar DealsRetail1,874 SF
Sold 09/03/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,152
Total Square Footage:1,874 SF
Transaction Type:Sale
This retail asset located at 137 Main Street in Seal Beach has a total square footage of 1,874. The property was sold for $2,159,000, resulting in a price per square foot of $1,152.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,159,000
- Address: 137 Main Street
- Market: Seal Beach
- Buyer: Sam Ellouze
- Seller: Robert O'rear
- Brokers: Ryan Sharpe & Rod Roberts - Kidder Mathews
Ryan Sharpe and Rod Roberts from Kidder Mathews represented the transaction, facilitating the sale between buyer Sam Ellouze and seller Robert O'rear.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$115,146.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,670.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,234.76
Annual Debt Service$122,817.14
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