Updated Oct 29, 2024
Canepa Trust Acquires Retail Property On S. Robertson Blvd For $10.4M
156 South Robertson Boulevard, Los Angeles, CA 90048, USA
$10,396,789
$1,557/SF
Building Size
6,677 SF
Asset Type
Retail
Closing
Jan 5, 2020
About this deal
AI
The retail property located at 154-156 S. Robertson Blvd has been sold in an off-market deal. The transaction took place on January 6, 2020.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,396,789
- Address: 154-156 S. Robertson Blvd
- Square Footage: 6,677
- Price per Square Foot: $1,557.10
- Buyer: Canepa Trust
- Seller: Beverly Jolie, LLC
- Broker: William Althouse of Westmac CRE
The buyer, Canepa Trust, acquired the property from the seller, Beverly Jolie, LLC. The transaction was facilitated by broker William Althouse from Westmac CRE.
On the Map
$10,396,789
$1,557/SF
Retail
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93