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Talia Paul Purchases Retail Property At 425 South Broadway Los Angeles For $3.55M

Property Image
SOLD
$3,550,000

California

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Retail29,312 SF
Sold 12/22/2025
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Property Image
SOLD

Talia Paul Purchases Retail Property At 425 South Broadway Los Angeles For $3.55M

425 South Broadway

See Similar Deals
Retail29,312 SF
Sold 12/22/2025
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$121
Total Square Footage:29,312 SF
Transaction Type:Sale

The property asset involved in this transaction is a retail space located at 425 South Broadway in Los Angeles. The sale price was $3,550,000, and the property encompasses 29,312 square feet, resulting in a price per square foot value of $121.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,550,000
  • Address: 425 South Broadway
  • Market: Los Angeles
  • Square Footage: 29,312
  • Price Per Square Foot: $121
  • Buyer: Talia Paul
  • Seller: Frank Nozar
  • Buyer's Representative: David Passman & Ricky Mitchell - The Passman Group

In this transaction, Talia Paul acquired the property from Frank Nozar, with representation provided by David Passman and Ricky Mitchell from The Passman Group, ensuring a thorough management of the transaction process.

Players

David Passman
6 deals$22.1M volume
BROKER

Ricky Mitchell
The Passman Group
5 deals$18.4M volume
BROKER

The Passman Group
BROKERAGE

Details

SOLD
IMAGE: David Passman & Ricky Mitchell DATE: 12/22/2025 ADDRESS: 425 South Broadway MARKET: Los Angeles ASSET TYPE: Retail BUYER: Talia Paul SELLER: Frank Nozar BUYER'S REP: David Passman & Ricky Mitchell (@Rickem) - The Passman Group (@ThePassmanGroup) SALE PRICE: $3,550,000 SF: 29,312 ~ PPSF: $121

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
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