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

Property Image
SOLD
$3,410,000
Leor Binshtock
Jake Zacuto
+ 2

California

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Retail7,611 SF
Sold 11/01/2024
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Property Image
SOLD

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

1529 South Robertson Boulevard

See Similar Deals
Retail7,611 SF
Sold 11/01/2024
Leor Binshtock
Jake Zacuto
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$448
Total Square Footage:7,611 SF
Transaction Type:Sale

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
59 deals$368.6M volume(310) 469-9012
BROKER

Leor Binshtock
Zacuto Group
25 deals$169M volume
BROKER

Gabriel "Gabe" Brown
JLL
5 deals$7.2M volume
BROKER

John Logan
Zacuto Group
3 deals$37M volume(310) 469-9012
BROKER

Michael Geller
JLL
1 deal$3.4M volume(310) 486-1976
BROKER

Details

SOLD
IMAGE: Leor Binshtock, Jake Zacuto & John Logan DATE: 11/01/2024 ADDRESS: 1529 South Robertson Boulevard MARKET: Los Angeles ASSET TYPE: Retail BUYER: Yeshi S. Yula SELLER: Robert Dobel BUYER'S REP: Gabriel Brown & Michael Geller - JLL (@JLL) SELLER'S REP: Jake Zacuto (@JakeZacuto), Leor Binshtock (@Leor_s_b) & John Logan (@JohnLoganrealestate) - Zacuto Group (@ZacutoGroup) SALE PRICE: $3,410,000 SF: 7,611 ~ PPSF: $448 .ula

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$181,866.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,115.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,165.14
Annual Debt Service$193,981.68