Compass Broker Sheena Ghiani Sells Retail Property On N. Western Ave In Los Angeles For $3M
SOLD
$3,000,000
California
See Similar DealsRetail9,436 SF
Sold 04/15/2021
SOLD
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
See Similar DealsRetail9,436 SF
Sold 04/15/2021
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$317
Total Square Footage:9,436 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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