Steve Anavim Acquires Retail Property On Larchmont Blvd For $4.2M
310 North Larchmont Boulevard, Los Angeles, California 90004, United States
$4,200,000
$1,200/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
Mar 27, 2022
AI
310 N. Larchmont Blvd. in the Larchmont market has been sold for $4,200,000. The retail property spans 3,500 square feet, resulting in a price per square foot of $1,200. The transaction took place on March 28, 2022. Steve Anavim purchased the property from Bhasuwongse Kitti. The sellers were represented by David Aschkenasy and David Ickovics from the Commercial Asset Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,200,000
- SF: 3,500
- PPSF: $1,200
Steve Anavim was the buyer in this transaction, while Bhasuwongse Kitti was the seller. Representing the seller were David Aschkenasy and David Ickovics from the Commercial Asset Group.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93