Eugene Yoon Purchases Gardena Retail Property For $3.17M
1569 West Redondo Beach Boulevard
$3,174,000
$293/SF
Building Size
10,800 SF
Asset Type
Retail
Closing
Dec 20, 2023
AI
The retail property located at 1569 West Redondo Beach Boulevard in Gardena has been sold for a price of $3,174,000. Spanning across 10,800 square feet, the property was sold at a rate of $294 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,174,000
- Address: 1569 West Redondo Beach Boulevard, Gardena
- Square Footage: 10,800
- Price per Square Foot: $294
Eugene Yoon acquired the property from Joey Gidanian. Shanna Naim and Nico Atherton from ENS Realty represented the seller in this transaction.
Players
Gardena 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
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93