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1446 Westwood Boulevard

John Esfandi Of Raymond Esfandi Purchases Retail Asset From Kona Crown Holdings For $3.75M
SOLDRetail

John Esfandi Of Raymond Esfandi Purchases Retail Asset From Kona Crown Holdings For $3.75M

1446 Westwood Boulevard

$3,750,000

$940/SF

Building Size

3,986 SF

Asset Type

Retail

Closing

Nov 18, 2025

AI

This retail property, located at 1446 Westwood Boulevard in the Los Angeles market, was sold for a total transaction amount of $3,750,000. The property encompasses a substantial area of 3,986 square feet, resulting in a price per square foot of $940.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,750,000
  • Address: 1446 Westwood Boulevard
  • Market: Los Angeles
  • Square Footage: 3,986
  • Price per Square Foot: $940
  • Buyer: John Esfandi - Raymond Esfandi
  • Seller: Jonathan York - Kona Crown Holdings
  • Brokers: Charlie Rosenberg & Daniel Moussazadeh - Major Properties

The transaction involved key individuals from both the buyer and seller sides. John Esfandi and Raymond Esfandi represented the buyer. The seller, Jonathan York, was associated with Kona Crown Holdings. The brokers facilitating the deal were Charlie Rosenberg and Daniel Moussazadeh from Major Properties.

Players

Daniel Moussazadeh

Major Properties

Broker

$10M

vol

3 deals

Broker
Major Properties
Major PropertiesBrokerage

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93