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
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