Ebrahim Kohan Purchases Retail Property From Fischer Family Properties II For $2.8 Million
SOLD
$2,800,000
California
See Similar DealsRetail2,597 SF
Sold 10/07/2025
SOLD
Ebrahim Kohan Purchases Retail Property From Fischer Family Properties II For $2.8 Million
8656 West Pico Boulevard
See Similar DealsRetail2,597 SF
Sold 10/07/2025
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$1,078
Total Square Footage:2,597 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail facility located at 8656 West Pico Boulevard in Los Angeles. The sale was finalized for a price of $2,800,000, with a total square footage of 2,597, equating to a price per square foot of $1,078.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,800,000
- Address: 8656 West Pico Boulevard
- Market: Los Angeles
- Square Footage: 2,597
- Price Per Square Foot: $1,078
- Buyer: Ebrahim Kohan
- Seller: Fischer Family Properties II, L.P
- Broker: Joseph Dahan - Pegasus Investments Real Estate Advisory
The deal was represented by Joseph Dahan from Pegasus Investments Real Estate Advisory, who acted on behalf of the parties involved in the transaction, facilitating the sale between buyer Ebrahim Kohan and seller Fischer Family Properties II, L.P.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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