Updated Sep 11, 2026
David Berrent Acquires Retail Property On Crenshaw Blvd, Gardena For $8.75M
14730 Crenshaw Boulevard
$8,750,000
$330/SF
Building Size
26,505 SF
Asset Type
Retail
Closing
Jul 20, 2022
About this deal
AI
The retail property located at 14730-14842 Crenshaw Blvd. in Gardena has been sold in a closed transaction. The property spans a total area of 26,505 square feet and was sold for a price of $8,750,000, resulting in a price per square foot of $330.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,750,000
- Square Footage: 26,505
- Address: 14730-14842 Crenshaw Blvd., Gardena
- Market: Gardena
The buyer in this transaction was David Berrent, while the seller was John Prola. David Berrent was represented by Frank Lahijani, Vee Sookiasian, and Aliya Lahijani from Global Commercial Real Estate. On the other hand, the seller was represented by David Maling from Avison Young.
On the Map
$8,750,000
$330/SF
Retail
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Crenshaw 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
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93