Updated Dec 19, 2023
Sheena Ghiani Acquires Retail Property In Los Angeles For $6.5M
518 N Western Ave, Los Angeles, CA, USA
$6,500,000
$311/SF
Building Size
20,886 SF
Asset Type
Retail
Closing
Mar 14, 2021
About this deal
AI
Located at 518, 520, 530-538 N. Western Ave. in Los Angeles, this retail property was recently sold. The transaction took place on March 15, 2021, with a sale price of $6,500,000. The property spans 20,886 square feet, resulting in a price per square foot of $311. The sale was facilitated by Sheena Ghiani from Compass, representing the buyer.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $6,500,000
- Address: 518, 520, 530-538 N. Western Ave., Los Angeles
- Square Footage: 20,886
- Price Per Square Foot: $311
Sheena Ghiani from Compass acted as the buyer's representative in this transaction. Their expertise contributed to the successful completion of the sale.
On the Map
$6,500,000
$311/SF
Retail
View full map
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Sheena Ghiani to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93