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
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