David Baradarian Acquires Retail Asset At 3072 West Pico Boulevard Los Angeles For $3.12M
SOLD
$3,118,610
California
See Similar DealsRetail23,848 SF
Sold 03/16/2026
SOLD
David Baradarian Acquires Retail Asset At 3072 West Pico Boulevard Los Angeles For $3.12M
3072 West Pico Boulevard
See Similar DealsRetail23,848 SF
Sold 03/16/2026
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$166,325.87
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
Annual Debt Service$177,405.63
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