Updated Nov 25, 2025
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
About this deal
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.
On the Map
$3,750,000
$940/SF
Retail
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Players
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