Compass Broker Sheena Ghiani Sells Retail Property On N. Western Ave In Los Angeles For $3M
524-528 N Western Ave, Los Angeles, CA, USA
$3,000,000
$317/SF
Building Size
9,436 SF
Asset Type
Retail
Closing
Apr 14, 2021
AI
524-528 N. Western Ave. in Los Angeles has been sold for $3,000,000. The retail property spans 9,436 square feet and was purchased on 04/15/2021. The sale price per square foot is approximately $317. The transaction was facilitated by Sheena Ghiani of Compass.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Square Footage: 9,436
- Price Per Square Foot: $317
- Address: 524-528 N. Western Ave.
- Market: Los Angeles
Sheena Ghiani of Compass represented the buyer and/or seller in this transaction.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93