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4422 West Slauson Avenue, L...

Steve Anavim Acquires Retail Property In Inglewood For $1.5M
SOLDRetail

Steve Anavim Acquires Retail Property In Inglewood For $1.5M

4422 West Slauson Avenue, Los Angeles, CA 90043

$1,500,000

$375/SF

Building Size

4,000 SF

Asset Type

Retail

Closing

Jan 3, 2022

AI

Located in Inglewood, the retail property at 4422 W Slauson Ave has recently been sold in a transaction. The property spans approximately 4,000 square feet and offers a prime location for retail business. The buyer of the property is Steve Anavim while Dimitri Chai serves as the seller. The transaction was facilitated by Steve Anavim from Conroy Commercial. The sale price for the property was $1,500,000, resulting in a price per square foot of $375.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,500,000
  • Address: 4422 W Slauson Ave
  • Market: Inglewood

Steve Anavim, also acting as the buyer, played a key role in the transaction. He was represented by Steve Anavim from Conroy Commercial, who facilitated the deal on his behalf. It is noteworthy that Dimitri Chai served as the seller of the property.

Players

Steve Anavim

Conroy Commercial

Broker

$65.3M

vol

12 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93