Updated May 12, 2025
Ryan Gurman & Bronson Morgan Of CBRE Represents Seller In $2.7M Retail Sale In Los Angeles
575 South Fairfax Avenue
$2,700,000
$771/SF
Building Size
3,500 SF
Asset Type
Retail
Closing
May 5, 2025
About this deal
AI
The retail asset located at 575 South Fairfax Avenue in Los Angeles has been sold for $2,700,000. This property encompasses a total area of 3,500 square feet, resulting in a price per square foot of $771.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,700,000
- Address: 575 South Fairfax Avenue
- Market: Los Angeles
- Square Footage: 3,500
- Price Per Square Foot: $771
- Seller's Representative: Ryan Gurman & Bronson Morgan - CBRE
- Buyer's Representative: Sue Choi – Choice100 Realty
The transaction was facilitated by the representatives involved, with Ryan Gurman and Bronson Morgan representing the seller through CBRE, while the buyer was represented by Sue Choi from Choice100 Realty.
On the Map
$2,700,000
$771/SF
Retail
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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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93