Updated Aug 24, 2026
SOLDRetail
Omid Broukhim Of BARAK Investors Group And David Maghen Of MIP Investment Corp Buy Retail Asset In Los Angeles For $67.5M
11270 West Olympic Boulevard
$67,500,000
$723/SF
Building Size
93,293 SF
Asset Type
Retail
Closing
Sep 17, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 11270 West Olympic Boulevard in the Los Angeles market. The sale price for this property was $67,500,000, covering an area of 93,293 square feet, which translates to a price per square foot of $723.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $67,500,000
- Address: 11270 West Olympic Boulevard
- Market: Los Angeles
- Square Footage: 93,293
- Price Per Square Foot: $723
- Buyer's Representative: Omid Broukhim – BARAK Investors Group
- Buyer's Representative: David Maghen – MIP Investment Corp
- Seller's Representative: Chase Levra - Eastdil Secured
This transaction was facilitated by Omid Broukhim and David Maghen, representing the buyer, while Chase Levra represented the seller in this deal. The successful collaboration between these entities highlights their involvement in completing the transaction seamlessly.
On the Map
$67,500,000
$723/SF
Retail
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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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93