Artak Dovlatyan Of Specialized Realty Represents Buyer In $5.1M Retail Sale In Los Angeles
5001 York Boulevard
$5,100,000
$902/SF
Building Size
5,650 SF
Asset Type
Retail
Closing
May 22, 2026
AI
The property involved in this transaction is a retail asset located at 5001 York Boulevard in Los Angeles. The property was sold for a price of $5,100,000, encompassing a total square footage of 5,650, which translates to a price per square foot of $902.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,100,000
- Address: 5001 York Boulevard
- Market: Los Angeles
- Square Feet: 5,650
- Price per Square Foot: $902
- Buyer's Representative: Artak Dovlatyan - Specialized Realty
- Seller's Representative: Patrick Dilanian - Re/Max Commercial & Investment Realty
Artak Dovlatyan represented the buyer, while Patrick Dilanian represented the seller in this transaction, showcasing their respective roles in facilitating the sale of the retail 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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93