SOLDRetail
South Park Group Acquires Retail Property On Beverly Blvd In Los Angeles For $3M
8325 Beverly Boulevard
$3,000,000
$1,046/SF
Building Size
2,868 SF
Asset Type
Retail
Closing
Oct 21, 2022
AI
A retail property located at 8325 Beverly Blvd in Los Angeles, CA has been sold for $3,000,000. The property spans 2,868 square feet and was sold at a price per square foot of $1,046.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Address: 8325 Beverly Blvd, Los Angeles, CA
- Square Footage: 2,868
- Price per Square Foot: $1,046
Steve Ravan from South Park Group represented the buyer in this transaction, while David Aschkenasy from Commercial Asset Group represented the seller.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93