Updated Oct 29, 2024
Private Investor Acquires The Maywood Towne Retail Center In LA For $9.8M
4444 Slauson Ave, Maywood, L A, CA, USA
$9,800,000
$478/SF
Building Size
20,500 SF
Asset Type
Retail
Closing
Nov 5, 2018
About this deal
AI
The Maywood Towne Retail Center, located at 4444 Slauson Ave and 5921-5925 South Atlantic Blvd in Maywood, LA, has been sold in a recent transaction. The property spans a total of 20,500 square feet and is valued at $9,800,000. The sale price translates to a price per square foot of $478.
Summary of transaction details
- Property Type: The Maywood Towne Retail Center
- Transaction Amount: $9,800,000
- Address: 4444 Slauson Ave, 5921-5925 South Atlantic Blvd
- Market: Maywood
- City: LA
The buyer in this transaction is a private investor, while the seller is an undisclosed family trust. The deal was facilitated by Ed Hanley and Bill Asher from Hanley Investment Group, along with Marcus & Millichap. These brokers played a crucial role in representing the buyer and seller.
Players
Maywood 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
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93