Aaron Zhang Acquires Retail Asset From Aaron Gutman In Los Angeles For $3.275M
SOLD
$3,275,000
California
See Similar DealsRetail14,276 SF
Sold 02/04/2026
SOLD
Aaron Zhang Acquires Retail Asset From Aaron Gutman In Los Angeles For $3.275M
212 South Atlantic Boulevard
See Similar DealsRetail14,276 SF
Sold 02/04/2026
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$229
Total Square Footage:14,276 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$174,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,635.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,525.17
Annual Debt Service$186,302.05
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