Updated Apr 21, 2026
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
About this deal
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.
On the Map
$3,275,000
$229/SF
Retail
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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