Eugene Yoon Purchases Gardena Retail Property For $3.17M
SOLD
$3,174,000
California
See Similar DealsRetail10,800 SF
Sold 12/20/2023
SOLD
Eugene Yoon Purchases Gardena Retail Property For $3.17M
1569 West Redondo Beach Boulevard
See Similar DealsRetail10,800 SF
Sold 12/20/2023
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$293
Total Square Footage:10,800 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$169,279.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,276.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,046.38
Annual Debt Service$180,556.55
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