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1529 South Robertson Boulevard

Yeshi S. Yula Acquires Retail Property From Robert Dobel For $3.41M In Los Angeles
SOLDRetail

Yeshi S. Yula Acquires Retail Property From Robert Dobel For $3.41M In Los Angeles

1529 South Robertson Boulevard

$3,410,000

$448/SF

Building Size

7,611 SF

Asset Type

Retail

Closing

Nov 1, 2024

AI

The property asset involved in this transaction is a retail space located at 1529 South Robertson Boulevard, Los Angeles. The sale price was $3,410,000, and the property encompasses 7,611 square feet, resulting in a price per square foot of $448.

Summary of transaction details:

This transaction involved key individuals and firms in the commercial real estate market, with Gabriel Brown and Michael Geller representing the buyer, Yeshi S. Yula. On the other side, the seller, Robert Dobel, was represented by Jake Zacuto, Leor Binshtock, and John Logan from the Zacuto Group.

Players

Jake Zacuto

Zacuto Group

Broker

$368.6M

vol

59 deals

Broker

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

4.65%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93