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1520 Cahuenga BLVD, Los Ang...

1520 Cahuenga BLVD
SOLDRetail

1520 Cahuenga BLVD

1520 Cahuenga BLVD, Los Angeles, C...

$61,000,000

Building Size

Asset Type

Retail

Closing

Nov 19, 2023

AI

1520 Cahuenga BLVD, located in the Los Angeles market, is a property involved in a significant transaction valued at $61,000,000.00. The property does not have specified square footage.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $61,000,000.00
  • Address: 1520 Cahuenga BLVD, Los Angeles, CA
  • Buyer's Representative: Bryan Carnes - Industry Partners
  • Buyer: Artisan Realty Advisors
  • Seller: Private Investors

This transaction highlights the involvement of Bryan Carnes from Industry Partners, representing Artisan Realty Advisors as the buyer, while Private Investors acted as the seller. The transaction reflects active engagement in the Los Angeles property market.

Players

Bryan Carnes

Industry Partners

Broker

$122.5M

vol

4 deals

Broker
AA
Artisan Realty AdvisorsBuyer
PI
Private InvestorsSeller

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

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93