Updated Dec 21, 2023
Lee & Associates West LA Represents Seller John Jackson Jr. In $9.75M Industrial Sale On Cole Ave
1044 Cole Avenue, Los Angeles, California 90038, United States
$9,750,000
$1,831/SF
Building Size
5,325 SF
Asset Type
Industrial
Closing
Sep 14, 2022
About this deal
AI
The industrial property located at 1044 Cole Avenue in Los Angeles, CA was recently sold for a price of $9,750,000. The property spans 5,325 square feet, resulting in a price per square foot of $1,831.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $9,750,000
- Square Footage: 5,325
- Price per Square Foot: $1,831
- Address: 1044 Cole Avenue, Los Angeles, CA
- Market: Los Angeles, CA
- Seller: John Jackson Jr.
- Seller's Representative: Paul Brehme & Brad McCoy - Lee & Associates West LA
Brad McCoy and Paul Brehme from Lee & Associates West LA represented John Jackson Jr., the seller, in this transaction.
On the Map
$9,750,000
$1,831/SF
Industrial
View full map
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Paul Brehme to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.63%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93