Updated Oct 29, 2024
Alyn & Alyn LLC Sells Retail Property In North Hills For $2.57M
15701 Roscoe Blvd, North Hills, CA 91343, USA
$2,575,000
$462/SF
Building Size
5,564 SF
Asset Type
Retail
Closing
May 10, 2020
About this deal
AI
Located in North Hills, the retail property at 15701 Roscoe Blvd was recently sold in a closed transaction. The property spans 5,564 square feet and was sold for a price of $2,575,000, resulting in a price per square foot of $462. The seller of the property was Alyn & Alyn LLC. Representing the seller in the deal were Brandon Michaels, Sean Brandt, and Steven Schechter from an undisclosed agency.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,575,000
- Square Footage: 5,564
- Price per Square Foot: $462
- Market: North Hills
- Seller: Alyn & Alyn LLC
- Seller's Representatives: Brandon Michaels, Sean Brandt, and Steven Schechter
The successful transaction was facilitated by the expertise and negotiation skills of Brandon Michaels, Sean Brandt, and Steven Schechter from their respective agency. Their involvement ensured a smooth and efficient sale process for the retail property at 15701 Roscoe Blvd.
Players
North Hills 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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93