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361 North La Brea Avenue, L...

Samuel Einhorn Acquires Retail Property In Los Angeles For $4.9M
SOLDRetail

Samuel Einhorn Acquires Retail Property In Los Angeles For $4.9M

361 North La Brea Avenue, Los Angeles, California 90036, United States

$4,925,000

$473/SF

Building Size

10,392 SF

Asset Type

Retail

Closing

Jun 9, 2022

AI

The retail property located at 361 N. La Brea Ave. in Los Angeles has been sold for a total price of $4,925,000. The property spans an area of 10,392 square feet, resulting in a price per square foot of $473. The transaction took place on June 10, 2022. The buyer of the property is Samuel Einhorn, while the seller is Deborah Landman.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,925,000
  • Address: 361 N. La Brea Ave., Los Angeles
  • Market: Los Angeles
  • Buyer: Samuel Einhorn
  • Seller: Deborah Landman
  • Buyer & Seller Representative: Melissa Zee - Keller Williams Beverly Hills

Melissa Zee from Keller Williams Beverly Hills represented both the buyer and the seller in this retail property transaction.

Players

Melissa Zee

Keller Williams Realty

Broker

$9.9M

vol

2 deals

Broker

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

3.22%

Cash-on-Cash

-0.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93