1055 West 7th Street
An office property in Los Angeles, California. Securitized in 1 CMBS deal in 2012.
$165.0MAppraised value (latest deal)
85.2%Occupancy
$11.4MUnderwritten NOI
6.9%Implied cap rate
- Address
- 1055 West 7th Street, Los Angeles, CA 90017
- Property type
- Office · CBD
- Year built
- 1987
- Size
- 156,139 SF
- Sponsor
- David Y. Lee
- Loan purpose
- Refinance
- Largest tenant
- L.A. Care
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| COMM 2012-CCRE2 | 2012-08-21 | $165.0M | 85.2% | $11.4M | 6.9% | $117.9M | 71.4% | 1.37x | 424B |
Historical NOI reported in COMM 2012-CCRE2
| Period ending | NOI |
|---|---|
| 12/31/2011 | $6.2M |
| 12/31/2010 | $8.7M |
More CMBS properties in California →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.