Marcia Kamine Acquires Retail Property From Adam Moon In Los Angeles For $4.45M
SOLD
$4,450,000
California
See Similar DealsRetail5,268 SF
Sold 04/17/2024
SOLD
Marcia Kamine Acquires Retail Property From Adam Moon In Los Angeles For $4.45M
153 South Robertson Boulevard & 155 North Robertson Boulevard
See Similar DealsRetail5,268 SF
Sold 04/17/2024
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$844
Total Square Footage:5,268 SF
Transaction Type:Sale
The retail property located at 153-155 South Robertson in Los Angeles was recently sold for $4,450,000. Spanning 2,634 square feet, the property was sold at a price per square foot of $1,689.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $4,450,000
- Address: 153-155 South Robertson
- Market: Los Angeles
Lauren Aboulafia and Seth Grossman from Conroy Commercial facilitated the transaction between the buyer, Marcia Kamine, and the seller, Adam Moon.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$237,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,809.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,095.27
Annual Debt Service$253,143.24
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