Updated Dec 21, 2023
Brandon Michaels Acquires Retail Property On South La Cienega Boulevard For $950,000
1633 South La Cienega Boulevard, Los Angeles, CA, USA
$950,000
$447/SF
Building Size
2,121 SF
Asset Type
Retail
Closing
Dec 9, 2019
About this deal
AI
1633 S. La Cienega Boulevard in Los Angeles has been sold for $950,000. The retail property spans 2,121 square feet, resulting in a price per square foot of $447.90. The transaction took place on December 10, 2019. The property was represented by Brandon Michaels from Brandon Michaels Group.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $950,000
- Address: 1633 S. La Cienega Boulevard, Los Angeles
- Square Footage: 2,121
- Price per Square Foot: $447.90
- Date: December 10, 2019
- Representative: Brandon Michaels - Brandon Michaels Group
The sale of 1633 S. La Cienega Boulevard was facilitated by Brandon Michaels from Brandon Michaels Group. The transaction worth $950,000 involved a retail property spanning 2,121 square feet in Los Angeles.
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
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93