Jung Nam Park Acquires Retail Property On Hawthorne Blvd In South Bay For $3.33M
15734 Hawthorne Boulevard, Lawndale, California 90505, United States
$3,330,000
$547/SF
Building Size
6,080 SF
Asset Type
Retail
Closing
Apr 21, 2022
AI
A retail property located at 15734 Hawthorne Blvd. in South Bay was recently sold for a price of $3,330,000. The property spans an area of 6,080 square feet with a price per square foot of $547. The sale took place on April 22, 2022. The buyer of the property was Jung Nam Park, while the seller was Dale Moen.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,330,000
- Address: 15734 Hawthorne Blvd.
- Market: South Bay
- Square Footage: 6,080
- Price per Square Foot: $547
Representing the buyer, Jung Nam Park, in this transaction was Michael Gill from LPL Financial. On the other side, representing the seller, Dale Moen, was Jason Ehrenpreis from CBM1.
Players
Lawndale 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
4.76%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93