Housep Boyajian Acquires Retail Property In Montebello For $3.8M
201 E Beverly Blvd Montebello, CA 90640, USA
$3,765,000
$493/SF
Building Size
7,625 SF
Asset Type
Retail
Closing
Jun 12, 2023
AI
The retail property located at 201 East Beverly Boulevard in Montebello was recently sold for $3,765,000. The property has a total area of 7,625 square feet, resulting in a price per square foot of $494. The transaction took place between buyer Housep Boyajian and seller Jacob Sedgh.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,765,000
- Address: 201 East Beverly Boulevard, Montebello
- Square Footage: 7,625
The sale of this retail property was facilitated by brokers Omid Saleh and David Yashar from Keller Williams.
Players
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
4.21%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93