Updated Sep 5, 2024
Daniel Zarosim Sells Retail Property On West 3rd Street In Los Angeles For $4.03M
8373 West Third Street
$4,026,000
$1,215/SF
Building Size
3,311 SF
Asset Type
Retail
Closing
Oct 31, 2022
About this deal
AI
The retail property located at 8373-8377 West 3rd Street in Los Angeles, CA has been sold for a total price of $4,026,000. The property spans a total area of 3,311 square feet, resulting in a price per square foot of $1,216.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,026,000
- Property Address: 8373-8377 West 3rd Street, Los Angeles, CA
- Market: Los Angeles, CA
- Broker: Daniel Zarosim - Douglas Elliman
- Square Footage: 3,311
- Price per Square Foot: $1,216
Daniel Zarosim from Douglas Elliman represented the involved parties in this retail property sale 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