Updated Sep 9, 2024
Bamby Salcedo Acquires Retail Property On West Sunset Blvd In Los Angeles For $4.6M
5314 W Sunset Blvd Los Angeles, CA 90027, USA
$4,590,000
$323/SF
Building Size
14,196 SF
Asset Type
Retail
Closing
Apr 1, 2023
About this deal
AI
An approximately 14,196 square foot retail property located at 5314 West Sunset Boulevard in Los Angeles has been sold for a total of $4,590,000. The property has a price per square foot of $323.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $4,590,000
- Square Footage: 14,196
- Price per Square Foot: $323
- Address: 5314 West Sunset Boulevard, Los Angeles
- Market: Los Angeles
The buyer of the property is Bamby Salcedo, while the seller is Aleth Coronel. The transaction was facilitated by brokers Brandon Michaels and Matthew Luchs from the Brandon Michaels Group.
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
3.46%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93