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1569 West Redondo Beach Bou...

Eugene Yoon Purchases Gardena Retail Property For $3.17M
SOLDRetail

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

Shanna Naim

Skyview Real Estate Partners

Broker

$43.9M

vol

33 deals

Broker
ENS Realty
ENS RealtyBrokerage

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