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
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