Updated Sep 9, 2024
Paul Huether Sells Retail Property On 1500 N. Western Avenue In Los Angeles For $1.45M
1500 N. Western Avenue, Los Angeles, CA 90027, USA
$1,450,000
$1,388/SF
Building Size
1,044 SF
Asset Type
Retail
Closing
Apr 8, 2021
About this deal
AI
1500 N. Western Avenue, a retail property located in Los Angeles, was recently sold in a closed transaction. The property spans 1,044 square feet and was sold for a price of $1,450,000, resulting in a price per square foot of $1,388. The sale took place on April 8, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,450,000
In this transaction, Paul Huether acted as the seller of the property. The deal was facilitated by the brokers Brandon Michaels, Matthew Luchs, and Andrew Leff.
On the Map
$1,450,000
$1,388/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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93