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530 West La Habra Boulevard

Alan Smolinisky Sells Retail Property On La Habra Boulevard For $1.6M
SOLDRetail

Alan Smolinisky Sells Retail Property On La Habra Boulevard For $1.6M

530 West La Habra Boulevard

$1,600,000

$228/SF

Building Size

7,000 SF

Asset Type

Retail

Closing

Feb 3, 2023

AI

The retail property located at 530 West La Habra Boulevard in La Habra, was sold for $1,600,000. The property spans 7,000 square feet, resulting in a price per square foot of $229. The seller of the asset was Alan Smolinisky, with the sale facilitated by broker Blas Fernandez from Blas Property Group.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,600,000
  • Address: 530 West La Habra Boulevard
  • Market: La Habra
  • Seller: Alan Smolinisky
  • Broker: Blas Fernandez - Blas Property Group
  • Square Footage: 7,000
  • Price Per Square Foot: $229

Blas Fernandez, from Blas Property Group, represented the seller, Alan Smolinisky, in the transaction of the retail property on La Habra Boulevard.

Players

Blas Fernandez

IKON Properties

Broker

$93.8M

vol

34 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93