Derek P. Mclaughlin Purchases Retail Asset From Caroline Maize-Schwartz For $1.15M In Lomita
SOLD
$1,150,000
California
See Similar DealsRetail3,030 SF
Sold 11/14/2025
SOLD
Derek P. Mclaughlin Purchases Retail Asset From Caroline Maize-Schwartz For $1.15M In Lomita
2158 Lomita Boulevard
See Similar DealsRetail3,030 SF
Sold 11/14/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$379
Total Square Footage:3,030 SF
Transaction Type:Sale
The asset involved in this transaction is a retail property located at 2158 Lomita Boulevard in the Lomita market. The sale price for the property was $1,150,000, and it encompasses a total square footage of 3,030, resulting in a price per square foot of $379.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,150,000
- Address: 2158 Lomita Boulevard
- Market: Lomita
- Square Footage: 3,030
- Price per Square Foot: $379
- Buyer: Derek P. Mclaughlin
- Seller: Caroline Maize-Schwartz
- Brokers: Cameron Samimi & Olga Wright - Lyon Stahl Investment Real Estate
The transaction features significant individuals including buyer Derek P. Mclaughlin and seller Caroline Maize-Schwartz. The brokers representing the transaction, Cameron Samimi and Olga Wright, are affiliated with Lyon Stahl Investment Real Estate, signifying the expertise involved in facilitating this retail property deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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