Aaron Zhang Acquires Retail Asset From Aaron Gutman In Los Angeles For $3.275M
212 South Atlantic Boulevard
$3,275,000
$229/SF
Building Size
14,276 SF
Asset Type
Retail
Closing
Feb 4, 2026
AI
The retail property located at 212 South Atlantic Boulevard in Los Angeles has been sold for $3,275,000. The asset spans 14,276 square feet, translating to a price per square foot of $229.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,275,000
- Buyer: Aaron Zhang
- Seller: Aaron Gutman
- Broker: Brandon Michaels - Marcus & Millichap
- Date of Transaction: 02/04/2026
The transaction involved Aaron Zhang as the buyer and Aaron Gutman as the seller, with Brandon Michaels from Marcus & Millichap representing the brokerage side of the deal.
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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93