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
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