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810 North Highland Avenue

Leib Wurzberger Acquires Retail Property From Rose Westwood In Los Angeles For $2.5M
SOLDRetail

Leib Wurzberger Acquires Retail Property From Rose Westwood In Los Angeles For $2.5M

810 North Highland Avenue

$2,500,000

$970/SF

Building Size

2,576 SF

Asset Type

Retail

Closing

May 12, 2025

AI

The property asset involved in this transaction is a retail space located at 810 North Highland Avenue in the Los Angeles market. The transaction was completed with a sale price of $2,500,000, encompassing a total square footage of 2,576, which results in a price per square foot of $970.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $2,500,000
  • Address: 810 North Highland Avenue
  • Market: Los Angeles
  • Square Footage: 2,576
  • Price per Square Foot: $970
  • Buyer: Leib Wurzberger
  • Seller: Rose Westwood
  • Buyer & Seller's Representatives: Marc Bretter & Nick Hayner - Maywood Property Group

This transaction was facilitated by the representation of Marc Bretter and Nick Hayner from Maywood Property Group, who acted on behalf of both the buyer, Leib Wurzberger, and the seller, Rose Westwood. Their collective efforts contributed to the successful completion of the sale, highlighting their involvement in the negotiation and execution of the deal.

Players

Nick Hayner

Maywood Property Group

Broker

$110.4M

vol

21 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93