Brandi Brooks Acquires Retail Property At 1815 West 54th Street In Los Angeles For $1.65M
SOLD
$1,650,000
California
See Similar DealsRetail9,100 SF
Sold 03/26/2025
SOLD
Brandi Brooks Acquires Retail Property At 1815 West 54th Street In Los Angeles For $1.65M
1815 West 54th Street
See Similar DealsRetail9,100 SF
Sold 03/26/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$181
Total Square Footage:9,100 SF
Transaction Type:Sale
The property asset is located at 1815 West 54th Street in the Los Angeles market. This retail asset encompasses a total square footage of 9,100.00 and has a sale price of $1,650,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,650,000.00
- Buyer: Brandi Brooks
- Seller: Scean Ellis
- Date of Sale: 03/26/2025
The deal was facilitated by the respective parties involved, showcasing the interests of both the buyer and seller in this retail transaction within the Los Angeles market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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