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:
- Property Type: Retail
- Transaction Amount: $3,410,000
- Address: 1529 South Robertson Boulevard
- Market: Los Angeles
- Square Footage: 7,611
- Price Per Square Foot: $448
- Buyer: Yeshi S. Yula
- Seller: Robert Dobel
- Buyer’s Representative: Gabriel Brown & Michael Geller - JLL
- Seller’s Representative: Jake Zacuto, Leor Binshtock & John Logan - Zacuto Group
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
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