Updated Apr 10, 2025
Ryan Gurman & Blake Mirkin Of CBRE Represent Buyer And Seller In $4.7M Retail Sale In Los Angeles
9769 West Pico Boulevard
$4,700,000
$1,103/SF
Building Size
4,261 SF
Asset Type
Retail
Closing
Apr 9, 2025
About this deal
AI
The property asset involved in the transaction is located at 9769 West Pico Boulevard, Los Angeles. The sale price of the asset was $4,700,000, encompassing a total square footage of 4,261. The price per square foot for this retail property is $1,103.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $4,700,000
- Square Footage: 4,261
- Price Per Square Foot: $1,103
- Address: 9769 West Pico Boulevard, Los Angeles
The individuals representing both the buyer and the seller in this transaction are Ryan Gurman and Blake Mirkin from CBRE. Their involvement facilitated the closing of this retail property deal.
On the Map
$4,700,000
$1,103/SF
Retail
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Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93