Updated May 12, 2025
850 N Vermont Ave Retail Property In East Hollywood Sells For $2.76M With Brokers Brandon Michaels, Matthew Luchs & Andrew Leff
850 North Vermont Avenue, East Hollywood, Los Angeles, CA, USA
$2,760,000
$321/SF
Building Size
8,588 SF
Asset Type
Retail
Closing
Apr 8, 2020
About this deal
AI
The retail asset located at 850 N Vermont Ave in East Hollywood has been sold for a transaction price of $2,760,000. This property spans an area of 8,588 square feet and was sold at a price per square foot of $321.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,760,000
- Address: 850 N Vermont Ave
- Market: East Hollywood
- Square Footage: 8,588
- Price Per Square Foot: $321
The transaction involved brokers Brandon Michaels, Matthew Luchs, and Andrew Leff, who facilitated the sale on behalf of the parties involved. Their roles were crucial in completing this transaction within the East Hollywood market.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew Luchs to view all their deals.
Browse California retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.75%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93