facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Sale

/

700 North Heliotrope Drive

Dave Ravanshe Purchases Retail Property From Stevan Deck For $3.05 Million In Los Angeles
SOLDRetail

Dave Ravanshe Purchases Retail Property From Stevan Deck For $3.05 Million In Los Angeles

700 North Heliotrope Drive

$3,050,000

$408/SF

Building Size

7,469 SF

Asset Type

Retail

Closing

Jul 31, 2025

AI

The retail property located at 700 North Heliotrope Drive in Los Angeles has been sold for a transaction amount of $3,050,000. The asset encompasses a total square footage of 7,469, resulting in a price per square foot of $408.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,050,000
  • Address: 700 North Heliotrope Drive
  • Market: Los Angeles
  • Square Footage: 7,469
  • Price per Square Foot: $408
  • Buyer: Dave Ravanshe
  • Seller: Stevan Deck
  • Buyer's Representative: Jake Zacuto & Justin Kreisberg - Zacuto Group
  • Seller's Representative: Mark Sigler - Voit Real Estate Services

Jake Zacuto and Justin Kreisberg from the Zacuto Group represented the buyer in this transaction. Meanwhile, the seller was represented by Mark Sigler from Voit Real Estate Services, facilitating the closure of the deal between Dave Ravanshe and Stevan Deck.

Players

Jake Zacuto

Zacuto Group

Broker

$368.6M

vol

59 deals

Broker

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93