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5715 N Figueroa St, Los Ang...

Asana Partners Acquires Property From Engine Real Estate For $23 Million At 5715 N Figueroa St
SOLDRetail

Asana Partners Acquires Property From Engine Real Estate For $23 Million At 5715 N Figueroa St

5715 N Figueroa St, Los Angeles, CA...

$23,000,000

Building Size

Asset Type

Retail

Closing

Jul 27, 2018

AI

The property located at 5715 N Figueroa St, Los Angeles, CA is characterized by its recent sale price of $23,000,000.00. The transaction involved an asset comprising 0 square feet within the Los Angeles market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $23,000,000.00
  • Address: 5715 N Figueroa St, Los Angeles, CA
  • Market: Los Angeles
  • Seller: Engine Real Estate
  • Buyer: Asana Partners
  • Seller's Representative: Dana Brody (Marcus & Millichap)

This transaction highlights the involvement of key representatives in the deal, with Dana Brody from Marcus & Millichap acting on behalf of the seller, Engine Real Estate, while Asana Partners is noted as the buyer in this transaction.

Players

Dana Brody

Marcus & Millichap

Broker

$105.4M

vol

11 deals

Broker
Asana Partners
Asana PartnersBuyer

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

0.69%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93