Updated Sep 9, 2024
Gal Samrai Acquires Retail Property On Melrose Avenue In Los Angeles For $1.6M
7515 Melrose Avenue, Los Angeles, CA 90046
$1,600,000
$924/SF
Building Size
1,730 SF
Asset Type
Retail
Closing
Jun 4, 2020
About this deal
AI
The property involved in the transaction is a retail asset located at 7515 Melrose Avenue in Los Angeles. The property was sold on 06/04/2021.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $1,600,000
- Square Footage: 1,730
- Price Per Square Foot: $924
- Buyer: Gal Samrai
- Seller: Ye Cao
The transaction was facilitated by brokers Elizabeth Clark and Philip Klaparda. Elizabeth Clark, represented the buyer, Gal Samrai, while Philip Klaparda acted as the seller's representative, Ye Cao.
The retail sale at 7515 Melrose Avenue, Los Angeles, CA 90046 in Los Angeles, California sold for $1.6M in 2020. The building is 1,730 square feet, implying about 924 per square foot on the published price. Philip Klaparda, Elizabeth Clark, Kidder Mathews, Douglas Elliman appear on the sale alongside Kidder Mathews, Douglas Elliman. This page is the Los Angeles, California file for the 7515 Melrose Avenue, Los Angeles, CA 90046 retail sold: pricing, party profiles, and other closed retail comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles retail set by closing date to see what else sold near 7515 Melrose Avenue, Los Angeles, CA 90046 around 2020. Published consideration for 7515 Melrose Avenue, Los Angeles, CA 90046 is $1.6M, dated 2020. Cite this Gal Samrai Acquires Retail Property On Melrose Avenue In Los Angeles For $1.6M sale when underwriting similar retail product around Los Angeles, California.
On the Map
$1,600,000
$924/SF
Retail
View full map
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Philip Klaparda to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93