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8214 Melrose Avenue

Cameron Silver Sells Retail Asset At 8214 Melrose Avenue For $4.025M With Mara Commercial
SOLDRetail

Cameron Silver Sells Retail Asset At 8214 Melrose Avenue For $4.025M With Mara Commercial

8214 Melrose Avenue

$4,025,000

$786/SF

Building Size

5,118 SF

Asset Type

Retail

Closing

Jun 18, 2025

AI

The property involves a retail asset situated at 8214 Melrose Avenue in the Los Angeles market. The sale price for the asset was $4,025,000, encompassing a total area of 5,118 square feet, resulting in a price per square foot of $786.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,025,000
  • Address: 8214 Melrose Avenue
  • Market: Los Angeles
  • Square Footage: 5,118
  • Price per Square Foot: $786
  • Seller: Cameron Silver
  • Brokers: Christopher Mara, Lauren Mara & Ryan Mara - Mara Commercial - Carolwood Estates

The transaction was facilitated by brokers Christopher Mara, Lauren Mara, and Ryan Mara, who represented the seller, Cameron Silver. Their involvement highlights the active role of Mara Commercial and Carolwood Estates in this retail property transaction.

Players

Christopher Mara

Carolwood Estates

Broker

$31M

vol

5 deals

Broker
Carolwood Estates
Carolwood EstatesBrokerage
Cameron Silverstein

Cameron Silverstein

Seller

$57.1M

vol

5 deals

Seller

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

3.94%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93