Updated Dec 20, 2023
Neema Ahadian & Douglas Cole Acquire Retail Property In Carson For $2.4M
20401 S Avalon Blvd, Carson, CA, USA
$2,425,000
$450/SF
Building Size
5,382 SF
Asset Type
Retail
Closing
Dec 28, 2020
About this deal
AI
The retail property located at 20401 S Avalon Blvd in Carson was recently sold. The transaction took place on 12/29/2020. The asset spans a total area of 5,382 square feet and is valued at $2,425,000. The property is situated in the Carson market.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,425,000
- Address: 20401 S Avalon Blvd
- Market: Carson
- BROKERS: Neema Ahadian & Douglas Cole - The Neema Group
- Square Footage: 5,382
- Price per Square Foot: $450
The sale of this retail property was facilitated by Neema Ahadian and Douglas Cole from The Neema Group.
Players
Carson 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
6.54%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93