facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Sale

/

319 Laveta Terrace, Echo Pa...

Caitlyn Ross & Paul Brehme Of Coldwell Banker Commercial Westmac Sell Retail Property In Echo Park For $1.74M
SOLDRetail

Caitlyn Ross & Paul Brehme Of Coldwell Banker Commercial Westmac Sell Retail Property In Echo Park For $1.74M

319 Laveta Terrace, Echo Park, Los Angeles, CA, USA

$1,740,000

$1,045/SF

Building Size

1,664 SF

Asset Type

Retail

Closing

Dec 3, 2018

AI

Located at 319 Laveta Terrace in Echo Park, this retail property was recently sold in a closed transaction. The property spans 1,664 square feet, offering ample space for various retail activities. The sale took place on December 4, 2018, with a sale price of $1,740,000. This translates to a price per square foot of $1,045.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,740,000
  • Address: 319 Laveta Terrace, Echo Park
  • Square Footage: 1,664
  • Price per Square Foot: $1,045

The sellers, Caitlyn Ross & Paul Brehme, were represented by Coldwell Banker Commercial Westmac. They played a key role in facilitating the successful transaction of this retail property. Their expertise and negotiation skills ensured a smooth closing process.

Players

Paul Brehme

Lee & Associates

Broker

$111.8M

vol

11 deals

Broker

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

9.12%

Cash-on-Cash

-2.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93