Ingrid Farias-Eisner & Laura Alice Scaturro Sell South LA Retail For $3.4M
SOLD
$3,400,000
California
See Similar DealsRetail13,500 SF
Sold 03/05/2021
SOLD
Ingrid Farias-Eisner & Laura Alice Scaturro Sell South LA Retail For $3.4M
9510 S Vermont Ave, South LA, Los Angeles, CA, USA
See Similar DealsRetail13,500 SF
Sold 03/05/2021
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$251
Total Square Footage:13,500 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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