Updated Oct 29, 2024
Bobby Cars Acquires Retail Condo At 4567 El Segundo Blvd In Hawthorne For $1.285M
4567 W El Segundo Blvd, Hawthorne, CA 90250, USA
$1,285,000
$49/SF
Building Size
26,250 SF
Asset Type
Retail
Closing
Jun 21, 2020
About this deal
AI
The retail condo located at 4567 El Segundo Blvd in Hawthorne has been sold in a closed transaction. The property spans 2,625 square feet and was sold for a price of $1,285,000, resulting in a price per square foot of $489.52. The transaction took place on June 22, 2020.
Summary of transation details
- Property Type: Retail Condo
- Transaction Amount: $1,285,000
- Square Footage: 2,625
- Price per Square Foot: $489.52
- Address: 4567 El Segundo Blvd, Hawthorne
- Market: Hawthorne
The buyer in this transaction is Bobby Cars, while the seller is Miguel & Kathy Zamoura. The deal was facilitated by brokers Daniel Hirth & Elijah Suval from HirthGroup. The closing of this transaction took place during the Covid-19 pandemic, with a 21-day due diligence period and a 30-day close of escrow.
Players
Hawthorne Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $49 per square foot on a published $1.3M for 26,250 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.34%
Cash-on-Cash
-3.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93