Leyla Tahani Acquires Retail Property In Highland Park For $1.5M
6126 North Figueroa Street, Los Angeles, CA 90042, USA
$1,500,000
$369/SF
Building Size
4,055 SF
Asset Type
Retail
Closing
Aug 5, 2020
AI
Located in Highland Park, the retail property at 6126-6130 N. Figueroa St. was recently sold in a transaction. The property measures approximately 4,055 square feet and was sold for a price of $1,500,000, resulting in a price per square foot of $369. The sale took place on 08/05/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,500,000
- Address: 6126-6130 N. Figueroa St.
- Market: Highland Park
The buyer of the property was Leyla Tahani, while the sellers were Donnalee Warren and Dorothy Whiting. The deal was facilitated by brokers Brad Wetherby, Ryan Serling, and Martin Agnew from Marcus & Millichap.
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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93