Updated Sep 9, 2024
David Yashar & Omid Saleh Broker The Sale Of Retail Property In South Los Angeles For $917,500
8300 South Normandie Avenue, Los Angeles, CA 90044, USA
$917,500
$372/SF
Building Size
2,464 SF
Asset Type
Retail
Closing
Jun 14, 2020
About this deal
AI
The retail property located at 8300 S. Normandie Ave. in South Los Angeles has been sold in a recent transaction. The property spans 2,464 square feet and was sold for a total price of $917,500. This equates to a price per square foot of $372.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $917,500
- Address: 8300 S. Normandie Ave.
- Market: South Los Angeles
- Square Footage: 2,464
- Price per Square Foot: $372
The sellers were represented by David Yashar and Omid Saleh.
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
17.29%
Cash-on-Cash
-4.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93