David Baradarian Acquires Retail Asset At 3072 West Pico Boulevard Los Angeles For $3.12M
3072 West Pico Boulevard
$3,118,610
$130/SF
Building Size
23,848 SF
Asset Type
Retail
Closing
Mar 16, 2026
AI
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
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.09%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93