Cameron Silver Sells Retail Asset At 8214 Melrose Avenue For $4.025M With Mara Commercial
SOLD
$4,025,000
+ 1
California
See Similar DealsRetail5,118 SF
Sold 06/18/2025
SOLD
Cameron Silver Sells Retail Asset At 8214 Melrose Avenue For $4.025M With Mara Commercial
8214 Melrose Avenue
See Similar DealsRetail5,118 SF
Sold 06/18/2025
+ 1
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$786
Total Square Footage:5,118 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$214,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,299.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,080.55
Annual Debt Service$228,966.64
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