ARI Sells Retail Property In Los Angeles For $3.1M With Brokers Jonathan Krikorian & Chris Thompson
SOLD
$3,100,000
California
See Similar DealsRetail6,555 SF
Sold 05/05/2021
SOLD
ARI Sells Retail Property In Los Angeles For $3.1M With Brokers Jonathan Krikorian & Chris Thompson
20160 Roscoe Blvd, Winnetka, Los Angeles, CA, USA
See Similar DealsRetail6,555 SF
Sold 05/05/2021
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$472
Total Square Footage:6,555 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98
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