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2819 North Broadway

Kyle Pari & Michael Pakravan Of Matthews Sell Retail Asset In Los Angeles For $1.471M
SOLDRetail

Kyle Pari & Michael Pakravan Of Matthews Sell Retail Asset In Los Angeles For $1.471M

2819 North Broadway

$1,471,000

$980/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Nov 5, 2025

AI

The property asset involved in the transaction is located at 2819 North Broadway in Los Angeles, characterized as a retail asset. The sale price was $1,471,000, and it encompasses a total area of 1,500 square feet, resulting in a price per square foot of $980.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,471,000
  • Address: 2819 North Broadway
  • Market: Los Angeles
  • Square Footage: 1,500
  • Price Per Square Foot: $980
  • Seller's Representatives: Kyle Pari & Michael Pakravan - Matthews

Kyle Pari and Michael Pakravan represented the seller in this transaction, working under Matthews to facilitate the sale of the property. Their involvement in this deal underscores the role of brokerage in effective real estate transactions.

Players

Kyle Pari

Matthews

Broker

$29.5M

vol

10 deals

Broker
Matthews
Matthews Brokerage

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

10.78%

Cash-on-Cash

-3.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93