Dr. Amos Ladouceur Acquires Retail Property In Inglewood For $1.98M
SOLD
$1,980,000
California
See Similar DealsRetail7,500 SF
Sold 03/28/2022
SOLD
Dr. Amos Ladouceur Acquires Retail Property In Inglewood For $1.98M
213 South La Brea Avenue, Inglewood, California 90301, United States
See Similar DealsRetail7,500 SF
Sold 03/28/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$264
Total Square Footage:7,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$105,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,034.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,386.21
Annual Debt Service$112,634.52
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