Behzad Zaman Acquires Huntington Park Retail Property For $3.55M
5600 Pacific Boulevard
$3,550,000
$236/SF
Building Size
15,040 SF
Asset Type
Retail
Closing
Apr 21, 2023
AI
A retail property located at 5600 Pacific Boulevard in Huntington Park has been sold in a recent transaction. The property spans across 15,040 square feet and was sold for a total of $3,550,000, resulting in a price per square foot of $236. The transaction took place on 04/21/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,550,000
- Address: 5600 Pacific Boulevard, Huntington Park
- Market: Huntington Park
The buyer of the property is Behzad Zaman, while the seller is Mike Fayfel. Representing both parties in the deal was Yitzy Pearson from Pearson Real Estate Group.
Players
Market 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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93