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David Baradarian Acquires Retail Asset At 3072 West Pico Boulevard Los Angeles For $3.12M

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SOLD
$3,118,610

California

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Retail23,848 SF
Sold 03/16/2026
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Property Image
SOLD

David Baradarian Acquires Retail Asset At 3072 West Pico Boulevard Los Angeles For $3.12M

3072 West Pico Boulevard

See Similar Deals
Retail23,848 SF
Sold 03/16/2026
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$130
Total Square Footage:23,848 SF
Transaction Type:Sale

The property asset involved in this transaction is a retail space located at 3072 West Pico Boulevard in Los Angeles. The sale price was $3,118,610, covering an area of 23,848 square feet, resulting in a price per square foot of $130.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,118,610
  • Address: 3072 West Pico Boulevard
  • Market: Los Angeles
  • Square Footage: 23,848
  • Price per Square Foot: $130
  • Buyer: David Baradarian
  • Seller's Representative: Vinny Jain - Ingenious Asset Group

This deal involved buyer David Baradarian and was represented by Vinny Jain from Ingenious Asset Group on the seller's side, marking a notable transaction in the Los Angeles retail market.

Players

Vinny Jain
15 deals$51.4M volume(310) 433-6214
BROKER

Details

SOLD
IMAGE: Vinny Jain DATE: 03/16/2026 ADDRESS: 3072 West Pico Boulevard MARKET: Los Angeles ASSET TYPE: Retail BUYER: David Baradarian SELLER'S REP: Vinny Jain - Ingenious Asset Group (@Ingenious_Asset_Group) SALE PRICE: $3,118,610 SF: 23,848 ~ PPSF: $130

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,079.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,783.80
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