Updated Dec 21, 2023
Dr. Amos Ladouceur Acquires Retail Property In Inglewood For $1.98M
213 South La Brea Avenue, Inglewood, California 90301, United States
$1,980,000
$264/SF
Building Size
7,500 SF
Asset Type
Retail
Closing
Mar 27, 2022
About this deal
AI
213 S. La Brea Ave. in Inglewood has been sold as a retail property. The transaction took place on 03/28/2022 and was facilitated by brokers Brandon Michaels, Matthew Luchs, and Floyd Shaheen from The Brandon Michaels Group. The property spans 7,500 square feet and was sold for a price of $1,980,000, resulting in a price per square foot of $264.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,980,000
- Buyer: Dr. Amos Ladouceur
- Seller: Donald J. Feher
- Broker: Brandon Michaels, Matthew Luchs & Floyd Shaheen - The Brandon Michaels Group
- Address: 213 S. La Brea Ave.
- Market: Inglewood
The buyer of the property is Dr. Amos Ladouceur, while the seller is Donald J. Feher. The transaction was facilitated by brokers Brandon Michaels, Matthew Luchs, and Floyd Shaheen from The Brandon Michaels Group.
Players
Inglewood 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
8.01%
Cash-on-Cash
-2.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93