Updated Oct 25, 2024
Gil Zahavi Acquires Retail Property On W 3rd St From Seller Oron Maher With Broker Oron Maher For $3.4M
8038 West 3rd Street, Los Angeles, CA 90048, USA
$3,425,000
$1,554/SF
Building Size
2,203 SF
Asset Type
Retail
Closing
Apr 7, 2019
About this deal
AI
The retail property located at 8036-8038 W 3rd St has been sold in a closed transaction. The property spans 2,203 square feet and was sold for $3,425,000, resulting in a price per square foot of $1,554. Gil Zahavi purchased the property from Oron Maher, who was represented by Oron Maher of Maher Commercial.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,425,000
- Square Footage: 2,203
- Price per Square Foot: $1,554
- Buyer: Gil Zahavi
- Seller: Oron Maher
- Seller's Broker: Oron Maher of Maher Commercial
This retail property transaction involved the buyer, Gil Zahavi, acquiring the property from the seller, Oron Maher. The seller was represented by Oron Maher of Maher Commercial. No additional details about the transaction are available.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.63%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93