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
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