Updated Mar 11, 2025
Ron Sentchuk's Loan Secures $3.25M For Industrial Property In Sylmar, California
12423 Gladstone Avenue, Sylmar, Los Angeles, Sylmar, CA, USA
$3,250,000
$66/SF
Building Size
49,040 SF
Asset Type
Industrial
Closing
Jun 12, 2019
About this deal
AI
An industrial property located at 12423 Gladstone Avenue in Sylmar, California has been involved in a loan transaction. The property is in the industrial market and is suitable for cannabis use.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,250,000
- Address: 12423 Gladstone Avenue
- Market: Sylmar
The lender in this transaction is Ron Sentchuk from Logan Investments (@Logan_Investments_). The loan amount is $3,250,000, and the loan term is 60 months, with an amortization period of 30 years.
The landlord of the property is Gladstone.
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Browse California industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93