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12121 Wilshire Boulevard

Jonny Soleimani Of PSRS Secures $6.8M Refinance For Industrial Property In Los Angeles
FINANCEDIndustrial

Jonny Soleimani Of PSRS Secures $6.8M Refinance For Industrial Property In Los Angeles

$6,800,000

$148/SF

Building Size

45,916 SF

Asset Type

Industrial

Closing

Sep 10, 2025

AI

An industrial asset located in Los Angeles encompasses 45,916 square feet. The property secured a refinance loan amount of $6,800,000 with terms set for 5 years.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,800,000
  • Loan Type: Refinance
  • Loan Terms: 5 Years
  • Broker: Jonny Soleimani - PSRS- Pacific Southwest Realty Services

This transaction involved a full cash-out on a single-tenant industrial deal that has four years remaining on the lease, financed through one of the Life Insurance Companies.

Players

Jonny Soleimani

PSRS- Pacific Southwest Realty Services

Broker

$199.8M

vol

16 deals

Broker

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93