772 S. Los Angeles St. Retail Property In Downtown Los Angeles Sells For $5.25M
772 South Los Angeles Street, Los Angeles, Ca, Usa
$5,250,000
$307/SF
Building Size
17,096 SF
Asset Type
Retail
Closing
Apr 22, 2021
AI
772 S. Los Angeles St. in Downtown Los Angeles was recently sold for $5,250,000. The property, which is a retail asset, spans a total area of 17,096 square feet. The price per square foot was $307.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,250,000
- Square Footage: 17,096
- Price per Square Foot: $307
- Address: 772 S. Los Angeles St.
- Market: Downtown Los Angeles
The sale of this retail property was facilitated by brokers Brandon Michaels, Matthew Luchs, Andrew Leff, and Ben Brownstein. They represented the parties involved in this closed transaction.
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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93