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524-528 N Western Ave, Los ...

Compass Broker Sheena Ghiani Sells Retail Property On N. Western Ave In Los Angeles For $3M
SOLDRetail

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

Sheena Ghiani

Compass

Broker

$20.2M

vol

4 deals

Broker

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