Steve Anavim Brokers $1.75M Retail Sale On Los Feliz Blvd., Los Feliz
2908 Los Feliz Boulevard, Los Angeles, CA, USA
$1,750,000
$1,206/SF
Building Size
1,450 SF
Asset Type
Retail
Closing
Feb 9, 2021
AI
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.
Players
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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93