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2908 Los Feliz Boulevard, L...

Steve Anavim Brokers $1.75M Retail Sale On Los Feliz Blvd., Los Feliz
SOLDRetail

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

Steve Anavim

Conroy Commercial

Broker

$65.3M

vol

12 deals

Broker

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