Edward Yawitz Sells 3.52-Acre Development Site In Santa Fe Springs For $11M With Brokers Roy Harel & Chadman Soladar
13808 Imperial Highway, Santa Fe Springs, CA 90670
$11,000,000
$55/SF
Building Size
200,000 SF
Asset Type
Development Site
Closing
Dec 29, 2021
AI
Located in Santa Fe Springs, the development site at 13808 Imperial Hwy spans across 3.52 acres, offering an excellent opportunity for future development. The transaction took place on December 29, 2021.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $11,000,000
- Address: 13808 Imperial Hwy
- Market: Santa Fe Springs
- Size: 3.52 acres
The seller, Edward Yawitz, successfully sold the property through the representation of Roy Harel and Chadman Soladar from Nublock Partners. The transaction was facilitated for a sale price of $11,000,000. The building has a total square footage of 200,000. The price per square foot was calculated at $55.
Players
Whittier Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93