Jamie De Leon Diaz Purchases Retail Property From Mike Volk For $4.5M In Los Angeles
SOLD
$4,500,000
California
See Similar DealsRetail11,673 SF
Sold 02/13/2026
SOLD
Jamie De Leon Diaz Purchases Retail Property From Mike Volk For $4.5M In Los Angeles
4616 West Adams Boulevard
See Similar DealsRetail11,673 SF
Sold 02/13/2026
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$385
Total Square Footage:11,673 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
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