ARI Sells Retail Property In Los Angeles For $3.1M With Brokers Jonathan Krikorian & Chris Thompson
20160 Roscoe Blvd, Winnetka, Los Angeles, CA, USA
$3,100,000
$472/SF
Building Size
6,555 SF
Asset Type
Retail
Closing
May 4, 2021
AI
Located at 20160 Roscoe Blvd. in Los Angeles, this retail property was recently sold for a price of $3,100,000. Spanning 6,555 square feet, the property was valued at approximately $473 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,100,000
The sale of this retail property was facilitated by Jonathan Krikorian and Chris Thompson. Representing the seller, ARI, Jonathan Krikorian and Chris Thompson acted as brokers in the transaction.
Players
Winnetka Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93