Updated Sep 9, 2024
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
About this deal
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.
On the Map
$3,000,000
$1,046/SF
Retail
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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