Updated Jun 6, 2025
Johnathan Pach Of Compass Represents Buyer In $4.51M Retail Sale At 5969 Melrose Avenue
5969 Melrose Avenue
$4,505,000
$546/SF
Building Size
8,247 SF
Asset Type
Retail
Closing
Jun 3, 2025
About this deal
AI
The property asset involved in the transaction is located at 5969 Melrose Avenue in Los Angeles. This retail asset has a total square footage of 8,247 and was sold for $4,505,000, translating to a price per square foot of $546.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,505,000
- Address: 5969 Melrose Avenue
- Market: Los Angeles
- Square Footage: 8,247
- Price Per Square Foot: $546
- Buyer's Representative: Johnathan Pach - Compass
- Seller's Representatives: Bronson Morgan & Ryan Gurman - CBRE
In this transaction, the representatives for the buyer and seller were instrumental in facilitating the deal. Johnathan Pach from Compass represented the buyer, while Bronson Morgan and Ryan Gurman from CBRE acted as representatives for the seller.
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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
3.52%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93