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8923 Orion Ave, Los Angeles...

Cadet J Holdings, LLC Acquires 8923 Orion Ave, Los Angeles For $5.48M
SOLD

Cadet J Holdings, LLC Acquires 8923 Orion Ave, Los Angeles For $5.48M

8923 Orion Ave, Los Angeles, CA, 91406

$5,480,000

Building Size

Asset Type

Closing

Nov 22, 2023

AI

The property located at 8923 Orion Ave, Los Angeles, CA, 91406 in North Hills was recently sold for $5,480,000.00. The transaction involved the seller's representative, Warren Berzack from Lee & Associates, and the buyer, Cadet J Holdings, LLC.

Summary of transaction details:

  • Property Type: Residential
  • Transaction Amount: $5,480,000.00
  • Market: North Hills
  • Seller's Representative: Warren Berzack - Lee & Associates
  • Buyer: Cadet J Holdings, LLC
  • Address: 8923 Orion Ave, Los Angeles, CA, 91406

The acquisition was facilitated by Warren Berzack of Lee & Associates on behalf of the seller, in this transaction with Cadet J Holdings, LLC as the buyer. The deal showcases the active real estate market in the North Hills area, with a significant transaction amount involved.

Players

Warren Berzack

Lee & Associates

Broker

$148M

vol

12 deals

Broker

North Hills CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.89%

Cash-on-Cash

-0.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93