Ebrahim Kohan Purchases Retail Property From Fischer Family Properties II For $2.8 Million
8656 West Pico Boulevard
$2,800,000
$1,078/SF
Building Size
2,597 SF
Asset Type
Retail
Closing
Oct 7, 2025
AI
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.
Players
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93