SOLDRetail
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
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
Loading comparables…
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