Samuel Einhorn Acquires Retail Property In Los Angeles For $4.9M
SOLD
$4,925,000
California
See Similar DealsRetail10,392 SF
Sold 06/10/2022
SOLD
Samuel Einhorn Acquires Retail Property In Los Angeles For $4.9M
361 North La Brea Avenue, Los Angeles, California 90036, United States
See Similar DealsRetail10,392 SF
Sold 06/10/2022
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$473
Total Square Footage:10,392 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$262,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,497.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,347.01
Annual Debt Service$280,164.15
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