Updated Sep 11, 2026
Steve Fabos Acquires North Hollywood Industrial Property For $6.3M
13311 Sherman Way
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
The industrial property located at 13311 Sherman Way in North Hollywood has been sold in a transaction. The property spans approximately 21,784 square feet and was sold for a price of $6,300,000, resulting in a price per square foot of $289.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,300,000
- Address: 13311 Sherman Way
- Market: North Hollywood
Steve Fabos has acquired the property from Karine Kanimyan. Patrick Long from Stevenson Real Estate represented the buyer, while the seller was represented by Martin Agnew, Ryan Serling, and David Schatz from Agnew | Serling Group - Marcus & Millichap.
On the Map
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93