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
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