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213 South La Brea Avenue, I...

Dr. Amos Ladouceur Acquires Retail Property In Inglewood For $1.98M
SOLDRetail

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

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

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker

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