Steve Anavim Brokers $1.75M Retail Sale On Los Feliz Blvd., Los Feliz
SOLD
$1,750,000
California
See Similar DealsRetail1,450 SF
Sold 02/10/2021
SOLD
Steve Anavim Brokers $1.75M Retail Sale On Los Feliz Blvd., Los Feliz
2908 Los Feliz Boulevard, Los Angeles, CA, USA
See Similar DealsRetail1,450 SF
Sold 02/10/2021
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,206
Total Square Footage:1,450 SF
Transaction Type:Sale
A retail property located at 2908 Los Feliz Blvd in Los Feliz has been sold for $1,750,000. The property spans 1,450 square feet, resulting in a price per square foot of $1,200. The transaction took place on February 10, 2021. The sale was facilitated by broker Steve Anavim.
Summary of transaction details
- Property Type: Retail
- Sale Price: $1,750,000
- Square Footage: 1,450
- Price Per Square Foot: $1,200
- Date of Sale: 02/10/2021
- Address: 2908 Los Feliz Blvd
- Market: Los Feliz
Steve Anavim, from the agency represented the seller in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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