Updated Oct 29, 2024
Prove Em Investments Acquires Retail Property On Crenshaw Blvd For $2.85M
5710 Crenshaw Blvd, Los Angeles, CA, USA
$2,850,000
$150/SF
Building Size
19,003 SF
Asset Type
Retail
Closing
Jun 3, 2019
About this deal
AI
The retail property located at 5710 Crenshaw Blvd was sold on June 4, 2019. The property, with a total square footage of 19,003, was purchased by Prove Em Investments LLC from Golcheh Development & Investments LLC. The transaction was facilitated by brokers Eric Cohen and Gabriel Talasazan. The sale price for the property was $2,850,000, resulting in a price per square foot of $149.98.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,850,000
- Address: 5710 Crenshaw Blvd
- Buyer: Prove Em Investments LLC
- Seller: Golcheh Development & Investments LLC
- Brokers: Eric Cohen (Agency: N/A), Gabriel Talasazan (Agency: N/A)
- Square Footage: 19,003
- Price per Square Foot: $149.98
Note: No additional information about the property or transaction has been provided.
On the Map
$2,850,000
$150/SF
Retail
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Players
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93