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425 South Broadway

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

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

425 South Broadway

$3,550,000

$121/SF

Building Size

29,312 SF

Asset Type

Retail

Closing

Dec 22, 2025

AI

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

The Passman Group

Broker

$22.1M

vol

6 deals

Broker
The Passman Group
The Passman GroupBrokerage

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

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93