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9510 S Vermont Ave, South L...

Ingrid Farias-Eisner & Laura Alice Scaturro Sell South LA Retail For $3.4M
SOLDRetail

Ingrid Farias-Eisner & Laura Alice Scaturro Sell South LA Retail For $3.4M

9510 S Vermont Ave, South LA, Los Angeles, CA, USA

$3,400,000

$251/SF

Building Size

13,500 SF

Asset Type

Retail

Closing

Mar 4, 2021

AI

An retail property located at 9510 S. Vermont Ave. in South LA was recently sold for a price of $3,400,000. The property spans a total of 13,500 square feet, resulting in a price per square foot of $251.85.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,400,000
  • Address: 9510 S. Vermont Ave.
  • Market: South LA

The sale was facilitated by brokers Ingrid Farias-Eisner and Laura Alice Scaturro, who represented the involved parties in the transaction.

Players

Ingrid Farias- Eisner

Marcus & Millichap

Broker

$11.5M

vol

4 deals

Broker

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

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93