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2460 Overland Avenue

Ben Behrooznia Acquires Retail Property From Toke Aw Of Capricorn Realty For $1.418M In Los Angeles
SOLDRetail

Ben Behrooznia Acquires Retail Property From Toke Aw Of Capricorn Realty For $1.418M In Los Angeles

2460 Overland Avenue

$1,418,000

$606/SF

Building Size

2,340 SF

Asset Type

Retail

Closing

Aug 8, 2025

AI

The property asset involved in this transaction is a retail space located at 2460 Overland Avenue in Los Angeles. The sale price for the asset was $1,418,000, and it encompasses a total square footage of 2,340, resulting in a price per square foot of $605.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,418,000
  • Address: 2460 Overland Avenue
  • Market: Los Angeles
  • Square Footage: 2,340
  • Price Per Square Foot: $605
  • Buyer: Ben Behrooznia
  • Seller: Toke Aw - Capricorn Realty
  • Buyer's Representative: Daniel Eshaghian
  • Seller's Representatives: Ryan Gurman & Bronson Morgan - CBRE

The deal features Ben Behrooznia as the buyer and Toke Aw representing the seller, Capricorn Realty. Daniel Eshaghian acted as the buyer's representative, while Ryan Gurman and Bronson Morgan from CBRE represented the seller in this transaction.

Players

Daniel Eshaghian

Broker

$5M

vol

2 deals

Broker
CBRE
CBREBrokerage

Los Angeles 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

11.19%

Cash-on-Cash

-3.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93