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5979 W 3rd St, Los Angeles,...

RCB Equities Acquires Mixed-Use Property On W 3rd St For $8.15M
SOLDMixed-use

RCB Equities Acquires Mixed-Use Property On W 3rd St For $8.15M

5979 W 3rd St, Los Angeles, Ca 90036, Usa

$8,150,000

$635/SF

Building Size

12,817 SF

Asset Type

Mixed-use

Closing

Sep 29, 2020

AI

Raleigh Construction has sold a mixed-use property located at 5979 W 3rd St for a total of $8,150,000. The asset spans across 12,817 square feet, resulting in a price per square foot of $635. The property was acquired by RCB Equities in a closed transaction on September 30, 2020. Shaya Braverman and Dario Svidler from RCB Equities represented the buyer and seller in this deal.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $8,150,000
  • Address: 5979 W 3rd St
  • Square Footage: 12,817
  • Price per Square Foot: $635
  • Buyer: RCB Equities
  • Seller: Raleigh Construction
  • Brokers: Shaya Braverman - RCB Equities, Dario Svidler - RCB Equities

This transaction involved Shaya Braverman and Dario Svidler, who represented RCB Equities in the acquisition of the property from Raleigh Construction. Their expertise and negotiation skills played a crucial role in successfully closing the deal.

Players

Dario Svidler

Partners CRE

Broker

$200M

vol

31 deals

Broker
Compass
CompassBrokerage

Los Angeles Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.95%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93