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163 S Vermont Ave, Los Ange...

Updated Oct 29, 2024

Bolour Associates Purchases 163 S Vermont Ave Los Angeles From Gladys And Alfred Rodriguez For $7.4M
SOLDRetail

Bolour Associates Purchases 163 S Vermont Ave Los Angeles From Gladys And Alfred Rodriguez For $7.4M

163 S Vermont Ave, Los Angeles, CA...

$7,400,000

Building Size

Asset Type

Retail

Closing

Jul 12, 2019

About this deal

AI

The property involved in this transaction is located at 163 S Vermont Ave, Los Angeles, CA. The property was sold for $7,400,000.00 and has a square footage of 0 in the Los Angeles market.

Summary of transation details:

  • Property Type: Sale
  • Transaction Amount: $7,400,000.00
  • Address: 163 S Vermont Ave, Los Angeles, CA
  • Market: Los Angeles
  • Buyer: Bolour Associates
  • Seller: Gladys and Alfred Rodriguez
  • Buyer's Representative: Alex Sachs, Brian Peterson - Archean Partners

The key individuals involved in this transaction include the buyer Bolour Associates and the sellers Gladys and Alfred Rodriguez. The buyer was represented by Alex Sachs and Brian Peterson from Archean Partners, facilitating the details of the sale.

Players

Alex Sachs

Archean Partners

Broker

$7.4M

vol

1 deal

Broker
Bolour Associates
Bolour AssociatesBuyer

Los Angeles 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

2.14%

Cash-on-Cash

-0.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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