Christopher Mara, Lauren Mara & Ryan Mara Of Mara Commercial Represent Buyer In Retail Sale For $2.05M
7415 Melrose Avenue
$2,050,000
$512/SF
Building Size
4,000 SF
Asset Type
Retail
Closing
Oct 30, 2025
AI
The property asset involved in the transaction is a retail space located at 7415 Melrose Avenue in the Los Angeles market. The retail asset has a total square footage of 4,000 and sold for a price of $2,050,000, resulting in a price per square foot of $512.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,050,000
- Address: 7415 Melrose Avenue
- Market: Los Angeles
- Square Footage: 4,000
- Price Per Square Foot: $512
- Buyer's Representative: Christopher Mara, Lauren Mara & Ryan Mara - Mara Commercial - Carolwood Estates
This transaction involved the representation of the buyer by brokers Christopher Mara, Lauren Mara, and Ryan Mara from Mara Commercial, affiliated with Carolwood Estates. They facilitated the purchase, ensuring the successful completion of the sale of the retail asset.
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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93