Jamie De Leon Diaz Purchases Retail Property From Mike Volk For $4.5M In Los Angeles
4616 West Adams Boulevard
$4,500,000
$385/SF
Building Size
11,673 SF
Asset Type
Retail
Closing
Feb 13, 2026
AI
The retail property located at 4616 West Adams Boulevard in Los Angeles was sold for $4,500,000. The asset encompasses a total area of 11,673 square feet, resulting in a price per square foot of $385.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000
- Address: 4616 West Adams Boulevard
- Market: Los Angeles
- Square Footage: 11,673
- Price Per Square Foot: $385
- Buyer: Jamie De Leon Diaz
- Seller: Mike Volk
- Buyer's Representative: Oswald Guerra
- Seller's Representatives: Floyd Shaheen - Marcus & Millichap; Robert Clifford - Lee & Associates
The transaction involved notable representatives in the real estate industry, with Floyd Shaheen and Robert Clifford representing the seller Mike Volk, while Oswald Guerra represented the buyer Jamie De Leon Diaz, indicating a collaborative effort among experienced professionals in the market.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93