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Alex Daniel Purchases Retail Property From Jonathan Grahm At 516 North La Brea Avenue For $2.1M

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SOLD
$2,100,000

California

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Retail4,100 SF
Sold 01/20/2026
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Property Image
SOLD

Alex Daniel Purchases Retail Property From Jonathan Grahm At 516 North La Brea Avenue For $2.1M

516 North La Brea Avenue

See Similar Deals
Retail4,100 SF
Sold 01/20/2026
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$512
Total Square Footage:4,100 SF
Transaction Type:Sale

The property asset involved in this transaction is a retail space located at 516 North La Brea Avenue in the Los Angeles market. The sale price was $2,100,000, with a total square footage of 4,100, resulting in a price per square foot of $512.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,100,000
  • Buyer: Alex Daniel
  • Seller: Jonathan Grahm
  • Brokers: Matthew Luchs & Benjamin Khoubian - Zacuto Group
  • Square Footage: 4,100
  • Price Per Square Foot: $512
  • Note from Broker: Seller received multiple offers, Sold to an Owner-User, 21-Day Due Diligence, Defended Seller from Price Renegotiation, Overcame Government shutdown and SBA Loan delays

Moses Luchs and Benjamin Khoubian represented the seller in this transaction, effectively managing multiple offers and facilitating the sale process. Their efforts included overcoming challenges such as government shutdowns and delays related to SBA loans, securing a favorable outcome for the seller amidst a competitive market.

Players

Matthew Luchs
90 deals$494.5M volume(818) 519-1429
BROKER

Benjamin (Ben) Khoubian
Zacuto Group
4 deals$25.2M volume(424) 254-3160
BROKER

Zacuto Group
BROKERAGE

Details

SOLD
IMAGE: Matthew Luchs & Benjamin Khoubian DATE: 01/20/2026 ADDRESS: 516 North La Brea Avenue MARKET: Los Angeles ASSET TYPE: Retail BUYER: Alex Daniel SELLER: Jonathan Grahm BROKERS: Matthew Luchs (@MatthewLuchs) & Benjamin Khoubian (@BenKay6) - Zacuto Group (@ZacutoGroup) SALE PRICE: $2,100,000 SF: 4,100 ~ PPSF: $512 NOTE FROM BROKER: Seller received multiple offers Sold to an Owner-User 21-Day Due Diligence Defended Seller from Price Renegotiation Overcame Government shutdown and SBA Loan delays

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$112,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86