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
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.
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