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1815 West 54th Street

Brandi Brooks Acquires Retail Property At 1815 West 54th Street In Los Angeles For $1.65M
SOLDRetail

Brandi Brooks Acquires Retail Property At 1815 West 54th Street In Los Angeles For $1.65M

1815 West 54th Street

$1,650,000

$181/SF

Building Size

9,100 SF

Asset Type

Retail

Closing

Mar 26, 2025

AI

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.

Players

Jay Martinez

Kidder Mathews

Broker

$145.3M

vol

41 deals

Broker

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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93